Crypto news: the markets are now anxiously awaiting the official announcement of the SEC’s approval of spot Bitcoin ETF, especially that of BlackRock.
In fact, Blackrock itself has explained the reasons why the SEC should approve in particular its request to issue an ETF also on spot ETH, and these reasons also apply to its request regarding an ETF on spot BTC.
Except that the approval of the latter is expected at the beginning of January, while for ETFs on spot ETH it will presumably take months yet.
Crypto news: the reasons for the yes for BlackRock’s spot Bitcoin ETF
BlackRock is the sponsor of this initiative, so much so that the official name of the derivative is iShares Ethereum Trust. The Nasdaq Stock Market LLC will operationally put the ETF shares on the market.
The latter presented a statement to the SEC in which it states that the approval of an ETF on spot ETH would be “a major win for the protection of US investors” in the crypto sector.
Indeed, they specified tha
We współpracy z: https://en.cryptonomist.ch/2023/11/14/positive-news-blackrock-bitcoin-etf/
