BlackRock, SEC Engage in Fourth Round of Talks Over Bitcoin ETF
BlackRock and the SEC convene for a fourth meeting on the Spot Bitcoin ETF, sparking excitement as a decision looms. Unlike past sessions, there were no presentations, according to Bloomberg Intelligence analyst James Seyffart. Seyffart informs the community in a follow-up discussion on X that Hashdex, a different company in the battle for a spot […]
Asset Manager BlackRock Receives $100K Seed Fund for Spot Bitcoin ETF
Asset manager BlackRock disclosed in its most recent filing with the US SEC that in October 2023, it obtained $100,000 in initial funding from an unidentified investor to support its spot Bitcoin exchange-traded fund (ETF). The agreement stipulated that the investor would acquire 4,000 shares of the Seed Creation Baskets on October 27, 2023, for […]
BlackRock Adjusts Proposed Spot Bitcoin ETF Structure
BlackRock has revamped its ETF redemption model to mitigate against market manipulation and other regulatory sticking points. The largest asset manager in the world, BlackRock, has revised its application for a spot in the Bitcoin Exchange-Traded Fund (ETF) to address concerns raised by the Securities and Exchange Commission (SEC) of the United States. The modifications […]
BlackRock Meets With SEC on Structure of Bitcoin ETF
According to James Seyffart, an ETF analyst at Bloomberg, BlackRock recently met with US SEC regulators regarding its spot Bitcoin ETF application. Reports have been that the US Securities and Exchange Commission is in talks with exchanges on the much-anticipated release of a spot Bitcoin exchange-traded fund. The main topic of discussion is the decision […]
BlackRock Applies to SEC for Spot Ether ETF
The world’s largest asset manager, BlackRock, has filed the S1 form with the United States Securities and Exchange Commission (SEC) for a spot Ether exchange-traded fund (ETF). The SEC-filed Form S-1 stated that the iShares Ethereum Trust, an Ether ETF, “aims to reflect the performance of the price of Ether generally.” BlackRock associates the iShares […]