21 Jun 2023
Blackrock files for BTC ETF
We explore BlackRock's ETF filing, the timing of the filing, potential implications, and how Q1, 2024 is shaping up to become a monumental quarter.Preview
In Short
BlackRock's ETF filing could receive its final verdict in late February 2024, coinciding neatly with the BTC halving of March 2024.
On Thursday, the world’s largest asset manager Blackrock shook the market after filing for a spot bitcoin ETF (iShares Bitcoin Trust). BlackRock intends to use Coinbase as a custodian while teaming up with Nasdaq in a surveillance-sharing agreement with an unnamed crypto exchange. Filings of U.S. BTC spot ETFs have been plentiful since 2013, and all have