Latest news about Blackrock

The regulatory authority has recently confirmed postponements for all six of the pending ETF applications.

In contrast to publicly disclosed Bitcoin ETF filings, an Information-Sharing Agreement obliges a cryptocurrency exchange to provide trading data, including personal details like a customer's name and address.

Larry Fink, CEO of the largest asset management company globally, acknowledges the potential of cryptocurrencies to 'revolutionize finance,' showing support for an industry that he previously approached with skepticism. However, the fundamental principles of Bitcoin are fundamentally contradictory to the nature of an ETF.

In mid-June, the prominent asset management company submitted documentation to the SEC to seek approval for a bitcoin exchange-traded fund (ETF).

Nasdaq has resubmitted its application to list a bitcoin ETF managed by BlackRock, responding to the recent report from the SEC which criticized previous proposals as 'inadequate' due to their failure to specify the underlying market's name in surveillance-sharing agreements.

The SEC instructed Cboe to announce its partner earlier on Friday.

Bitcoin, the cryptocurrency with the highest market value globally, has failed to surpass the $30,000 threshold since April.

And it doesn't actually make a difference whether it's technically classified as a trust.

Although both are categorized as trusts, Blackrock's proposed investment vehicle stands out as an exchange traded fund (ETF) due to one crucial differentiation.

The SEC has consistently denied multiple efforts from other fund companies seeking to introduce a Bitcoin ETF.