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Shanthi Rexaline

BlackRock Files For Bitcoin ETF, Prompting Skepticism From Gold Bug Peter Schiff

Bitcoin BlackRock Peter Schiff ETF Gold Crypto SEC BlackRock Inc Coinbase Global Inc iShares Bitcoin Trust

The trading symbol for BlackRock is displayed at the closing bell of the Dow Industrial Average at the New York Stock Exchange on July 14, 2017 in New York. World's biggest asset management company BlackRock, Inc. (NYSE:BLK) on Thursday filed for a spot Bitcoin (CRYPTO: BTC). BRYAN R. SMITH/GETTY IMAGES

World’s biggest asset management company BlackRock, Inc. (NYSE:BLK) on Thursday filed for a spot Bitcoin (CRYPTO: BTC) exchanged-traded fund on Thursday, creating a ripple in the cryptocurrency space.

The ETF would be named as iShares Bitcoin Trust. Its assets would consist primarily of Bitcoin held by Coinbase Global, Inc. (NASDAQ:COIN), which would serve as the custodian on behalf of trust.

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Thousands of Colombians march against new right-wing president's policies

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