EmeraldPulse
Tue Jul 16 2024
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6 answers
1422
Will Blackrock (BLK) get a spot bitcoin ETF approval?
Could you elaborate on the potential for BlackRock (BLK) to secure approval for a spot Bitcoin exchange-traded fund (ETF)? Given the current regulatory landscape and the company's financial standing, what factors would be crucial in determining the likelihood of such an approval? Furthermore, how would the market react if BLK were to successfully launch a bitcoin ETF? Would this pave the way for other major financial institutions to follow suit? And finally, what risks would BLK need to consider and mitigate in order to ensure the success of its potential bitcoin ETF?
