Cryptocurrency Q&A Why is Blackrock launching a spot-bitcoin ETF?

Why is Blackrock launching a spot-bitcoin ETF?

Silvia Silvia Wed Jan 15 2025 | 6 answers 1378
Blackrock is launching a spot-bitcoin ETF due to the increasing demand and interest in cryptocurrencies, especially bitcoin. This move allows investors to gain exposure to Bitcoin without having to directly buy and store the cryptocurrency. Why is Blackrock launching a spot-bitcoin ETF?

6 answers

CryptoPioneer CryptoPioneer Thu Jan 16 2025
The journey towards establishing a spot-Bitcoin ETF in the United States has been fraught with challenges.

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ZenMindfulness ZenMindfulness Thu Jan 16 2025
BlackRock, the world's largest investment firm, boasts an impressive $11 trillion in assets under management.

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BlockchainWizardGuard BlockchainWizardGuard Thu Jan 16 2025
This significant financial clout has had a profound impact on the cryptocurrency market, particularly on Bitcoin.

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Martino Martino Thu Jan 16 2025
Despite the obstacles, the relentless pursuit of bringing a Bitcoin ETF to market has continued, fueled by the growing interest in the cryptocurrency.

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Tommaso Tommaso Thu Jan 16 2025
Due to BlackRock's embrace of Bitcoin, the digital currency's price surged past the $100,000 mark for the very first time.

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