Cryptocurrency Q&A
Is Blackrock launching iShares Bitcoin Trust?
Is Blackrock launching iShares Bitcoin Trust?
CryptoBaroness
Sat Jul 13 2024
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7 answers
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Could you elaborate on the rumors surrounding Blackrock potentially launching an iShares Bitcoin Trust? With the cryptocurrency market maturing and institutional investors increasingly showing interest, is this a strategic move for Blackrock to enter the Bitcoin market? What would be the potential implications for investors if such a trust were to materialize? What factors are currently influencing the decision-making process within Blackrock? Would the trust be open to retail investors, or primarily focused on institutional investors? Any insight you can provide would be greatly appreciated.
7 answers
IncheonBlues
Mon Jul 15 2024
On Thursday, BlackRock submitted a filing to the Securities and Exchange Commission (SEC) announcing its intention to launch the "iShares Bitcoin Trust".
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CryptoPioneer
Mon Jul 15 2024
The proposed trust will have Coinbase Custody Trust Co. serving as the custodian for the Bitcoin holdings.
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lucas_clark_artist
Mon Jul 15 2024
Coinbase Custody Trust Co. is a well-regarded entity in the cryptocurrency industry, known for its secure and reliable custody services.
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DondaejiDelightfulCharmingSmileJoy
Sun Jul 14 2024
The proposed ETF, if approved by the SEC, will be listed on the Nasdaq exchange.
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Bianca
Sun Jul 14 2024
Nasdaq is a global leader in stock market technology, providing a robust platform for the trading of financial instruments.
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