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International Business Times
International Business Times
Business
Nica Osorio

BlackRock Leak Reveals SEC Maintaining 'Radio Silence'; Bitcoin ETF Announcement 'Toward Week's End': Fox Business Journalist

SEC Bitcoin BlackRock Fox Business ETF Charles Gasparino Eleanor Terrett Crypto

KEY POINTS

  • A leak within BlackRock reveals the SEC will maintain silence regarding the highly anticipated crypto investment vehicle
  • A potential announcement from the SEC related to Bitcoin ETF could happen by the end of the week
  • Bitcoin was trading in the green zone at $45,042.47 Tuesday evening

A leak within BlackRock has revealed that the U.S. Securities and Exchange Commission will maintain a period of "radio silence" regarding spot Bitcoin exchange-traded funds (ETF) until the regulator has gone through the paperwork. The potential announcement will likely happen toward the end of the week.

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