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Blackrock just filed for a spot #Bitcoin ETF

Looking forward to someone deep diving into the specifics of their application. I don’t understand financial legal mumbo jumbo.

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Discussion

Heavily armed clown 2y ago

I dont think it's a spot ETF. I believe it's very similar to GBTC but will hopefully be more accessible and be a closed end fund.

Heavily armed clown 2y ago

BlackRock has a very, very good track record of getting their filings approved by the SEC. I would suspect there's no reason to believe this wont be approved.

twentyone 2y ago

I agree that they are more likely to get approved. Just a question of when really.