BlackRock's ETF Approval History Bodes Well for Bitcoin ETF



BlackRock, the world's largest asset manager, has applied to the U.S. Securities and Exchange Commission for a Bitcoin exchange-traded fund (ETF). Experts say it is functionally the same as a true blue ETF, and BlackRock's record of getting ETFs approved by the SEC is 575-1.

The application states that the product would be a grantor trust, similar to GLD Gold Trust, which is considered an ETF.
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