BlackRock will obtain the approval of a Bitcoin spot ETF as a key priority for the company
According to FOX Business, BlackRock, the world's largest fund management company, has made obtaining approval from the U.S. Securities and Exchange Commission (SEC) for its proposed Bitcoin spot ETF a key priority for the company. BlackRock's founder and CEO Larry Fink referred to Bitcoin as an "international asset" and a "store of value" that can be compared to gold in the long term.
In previous news, BlackRock has had five meetings with the SEC regarding its Bitcoin spot ETF application, with the most recent one occurring on Tuesday.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Microsoft CEO says AI has already been tested internally for event response scenarios
Microsoft (MSFT.US) CEO: We have tested its application internally at Microsoft in scenarios such as incident response, quality control, and scientific discovery.
Microsoft launches fast decision-making model Decision-1
Microsoft (MSFT.US) CEO: Launches Decision-1, a new model designed for rapid decision-making.
【US Stock Movement】Sezzle surged on October 9: Earnings forecast, BNPL demand, and subscription growth
Crypto prices
More
