A Bloomberg analyst is reporting that BlackRock is “seeding” its spot Bitcoin (BTC) exchange-traded fund (ETF). Bloomberg senior ETF analyst Eric Balchunas notes that BlackRock announced the seeding in a recent amendment to their spot BTC ETF filing with the U.S. Securities and Exchange Commission (SEC). Their application, which is called the iShares Bitcoin Trust, The post BlackRock Seeding Spot-Based Bitcoin ETF As Financial Giant Gears Up To Launch BTC Trust: Bloomberg Analyst appeared first on The Daily Hodl .
