I bet one of the big parties like Blackrock will get approval earlier than the current frontrunners. Not sure if these parties are applying at all though but some of their clients certainly are requesting for it.
I bet one of the big parties like Blackrock will get approval earlier than the current frontrunners. Not sure if these parties are applying at all though but some of their clients certainly are requesting for it.
Agreed, Blackrock are certainly looking into the cryptocurrency market and they are the world's largest provider of ETFs.
Blackrock is $1 trillion worth company. Crypto market will go crazy with the huge investment of blackrock. Fingures crossed.
Although I don’t mention Blackrock in my article, you’re right about the impact a Blackrock ETF would have on the market and they actually have something like 6 Trillion under management. If they wanted to apply to the SEC for a Bitcoin ETF, they would go about it in a different way by asking the SEC what they had to do to get an ETF approved. The Winklevoss twins go in the front door of the SEC, but firms like Blackrock go in the back door.