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15 Jun 2023

The Friday Focus 90 - Blackrock applies for Bitcoin spot ETF

Blackrock, the world's largest investment manager, applies for a Bitcoin spot ETF and a U.S. court rules against freezing Binance US assets. We take you through the last week's most important crypto news in our Friday Focus.
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Top stories

  • BlackRock files paperwork for spot Bitcoin ETF
  • SEC's request to freeze Binance US assets turned down
A Bitcoin spot ETF is highly sought after in the U.S. market. Previous attempts by Grayscale and others were rejected, but Blackrock, the world's largest and most influential investment manager, now aims to succeed where others have faltered. While the outcome of their spot Bitcoin ETF application remains uncertain, Blackrock's application indicates that the institutional appetite for Bitcoin exposure remains significant. 
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