A Straightforward Explanation for Why Financial Giants Want to Issue a Spot Bitcoin ETF

in se •  2 years ago 

A Straightforward Explanation for Why Financial Giants Want to Issue a Spot Bitcoin ETF

Last week, BlackRock (BLK) applied for a spot bitcoin exchange-trade fund (ETF). This week, another comically large asset manager in Invesco (IVZ) reapplied for approval to offer a spot bitcoin ETF. The less-comically large ETF-sponsor WisdomTree also refiled for a spot bitcoin product yesterday (WisdomTree’s filing was initially rejected by the SEC in 2022).

se krsuccess
2 years ago by

Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

  • Disagreement on rewards
  • Fraud or plagiarism
  • Hate speech or trolling
  • Miscategorized content or spam

Submit
$0.03
  • Past Payouts $0.03
  • - Author $0.02
  • - Curators $0.01
1 vote
1
Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  
  • Trending
    • [-]
      ·  2 years ago 

    image.png

    Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

    • Disagreement on rewards
    • Fraud or plagiarism
    • Hate speech or trolling
    • Miscategorized content or spam

    Submit
    $0.00