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International Business Times
International Business Times
Business
Nica Osorio

BlackRock Expects Official Entry Into Crypto Industry Via Bitcoin ETF On Wednesday: Report

Bitcoin BlackRock Jay Clayton SEC ETF Crypto Gensler United States Charles Gasparino JPMorgan

KEY POINTS

  • Last Friday, BlackRock submitted the amended 19-4b for its spot Bitcoin ETF proposal
  • BlackRock has named JPMorgan and Jane Street Capital as authorized participants
  • Bitcoin was trading in the green zone at $44,138.26 Sunday afternoon

BlackRock, the New York-based asset management titan, anticipates its official enter into the cryptocurrency industry as a spot Bitcoin exchange-traded fund issuer this Wednesday, journalist Charles Gasparino has said.

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