If you’ve been in crypto for a while, you’ll know that ETFs have long been considered key for building a broad-based market for digital assets. And recent news that BlackRock, no less, had submitted a proposal to set up such a vehicle raised hopes. If a bellwether, well-connected institution like BlackRock was getting into Bitcoin ETFs, surely an approval, and the first U.S. crypto ETF, couldn’t be far off.
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- Source: https://www.coindesk.com/consensus-magazine/2023/07/17/despite-blackrock-dont-expect-a-flood-of-spot-bitcoin-etfs-soon-experts/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
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