Cointelegraph says Bitcoin ETF approved despite no proof
In a now-deleted tweet, Cointelegraph reported that the SEC had approved an iShares spot Bitcoin ETF managed by BlackRock.
In a now-deleted tweet, Cointelegraph reported that the SEC had approved an iShares spot Bitcoin ETF managed by BlackRock.
Grayscale has won a victory in its case against the SEC, with the judge ruling previous denials of GBTC ETF conversion were “arbitrary.”
Short-selling shares in a DTC-eligible bitcoin ETF like Blackrock’s will likely become common, considering bitcoin’s volatility.
The SEC has repeatedly denied spot bitcoin ETF applications because crypto exchanges won’t agree to share truthful data.