BlackRock will obtain the approval of a Bitcoin spot ETF as a key priority for the company
According to FOX Business, BlackRock, the world's largest fund management company, has made obtaining approval from the U.S. Securities and Exchange Commission (SEC) for its proposed Bitcoin spot ETF a key priority for the company. BlackRock's founder and CEO Larry Fink referred to Bitcoin as an "international asset" and a "store of value" that can be compared to gold in the long term.
In previous news, BlackRock has had five meetings with the SEC regarding its Bitcoin spot ETF application, with the most recent one occurring on Tuesday.
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