Thursday, July 18, 2024

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BlackRock updates

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The largest asset manager on the planet is US-based BlackRock. The company controls almost $9 trillion in assets and recently applied to the SEC for the first Bitcoin ETF (Electronically Traded Fund). The application was approved for review! Bitwise also had their application approved. The U.S. is still, at the very earliest, months away from issuing any crypto ETF. Meanwhile, the EU plans to unveil its first Bitcoin ETF within the next 2 weeks.

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