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PARAGRAPHAsset management coimbase BlackRock took the first steps Thursday to launch a spot bitcoin exchange-traded fund, which has long been a point of contention between crypto advocates and federal regulators.
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Blackrock Bitcoin Wallet Identified!Coinbase is currently the only trading agent for BlackRock, which will buy and sell Bitcoin for its ETF through Coinbase Prime. And its. BlackRock filed an SEC application on Thursday for a Bitcoin ETF. The application lists Coinbase as the custodian for assets and pricing data. O), opens new tab bid to win regulatory approval for a bitcoin exchange-traded-fund it wants to launch with BlackRock (BLK.N), opens new tab.
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