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International Business Times
International Business Times
Business
Nica Osorio

BlackRock Quietly Seeded Its Bitcoin ETF With $100K In October: New Filing

BlackRock Bitcoin ETF Eric Balchunas SEC DTCC

New York-based asset management giant BlackRock quietly seeded its spot Bitcoin exchange-traded fund (ETF), as revealed in a filing published Tuesday.

After a series of meetings with officials at the U.S. Securities and Exchange Commission (SEC), BlackRock, one of the hopeful issuers of the crypto investment vehicle, filed an updated prospectus to launch a spot Bitcoin ETF Tuesday.

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