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ZyCrypto 2023-07-07 19:33:44

BlackRock’s Renewed Bitcoin ETF Application Featuring Coinbase Raises Questions on SEC’s Scrutiny

BlackRock, the World’s largest asset manager, has submitted a revised application for a Bitcoin-focused exchange-traded fund (ETF) to U.S. regulators through Nasdaq. The filing, which was done on June 29, named Coinbase Global Inc. as a partner, tasked with providing the so-called surveillance support for the proposed ETF due to its huge dollar-to-bitcoin trading volume

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