BlackRock CEO Larry Fink Backs Ether ETF
“I see value in having an Ethereum ETF,” Fink said in an interview with CNBC on Friday.
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BlackRock
“I see value in having an Ethereum ETF,” Fink said in an interview with CNBC on Friday.
The fund saw about $400 million of inflows within 30 minutes of its trading debut, CF Benchmarks said.
Spot bitcoin ETFs are launching in the U.S. on Thursday. Here’s what the issuers and exchanges behind these products have to say.
BlackRock and VanEck, two among 13 issuers hoping to launch bitcoin exchange-traded funds (ETFs) in the U.S., have filed updated documents on Tuesday.
Just one potential spot bitcoin ETF issuer has set a management fee above 1%, and many of the others are asking for less than 0.5%.
BlackRock said its fee will start at 0.20%, rising to 0.30%.
(Nikhilesh De/CoinDesk)
Market makers, like trading firm DRW, have been preparing for months to be able to provide the necessary liquidity to ensure sufficient liquidity should the SEC approve bitcoin exchange-traded funds in the U.S.
Goldman Sachs is in talks to play the key role of being an “authorized participant” for BlackRock and Grayscale’s bitcoin ETFs, if the SEC approves them, according to people familiar with the situation.
We see a 98% chance of approval in the next couple of weeks and the high likelihood of a Bitcoin rally to follow.