James Seyffart, an ETF Analyst at Bloomberg Intelligence, reviews BlackRock’s recent application for a spot bitcoin ETF and its potential implications for the cryptocurrency market.Connect/Create WalletNo wallet? No problem.
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A Straightforward Explanation for Why Financial Giants Want to Issue a Spot Bitcoin ETFOPINION: It doesn’t take a massive leap of faith to believe that there is some client demand for “crypto exposure” and so BlackRock sees a spot Bitcoin ETF as the path of least resistance in offering that exposure to its clients, writes gckaloudis.
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