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Mehab Qureshi

BlackRock Resubmits Bitcoin ETF Application, Crypto Market Surges

BlackRock offices in New York City. The US multinational investment management corporation has submitted an amended application for a Bitcoin ETF after the SEC deemed their initial filing inadequate. (Photo by Erik McGregor/LightRocket via Getty Images)

Major cryptocurrencies surged on Monday evening as Blackrock resubmitted its Bitcoin exchange-traded fund (ETF) application in the United States.

BlackRock has submitted an amended application for a Bitcoin ETF after the SEC deemed their initial filing inadequate. 

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