Could you elaborate on the distinction between Blackrock as a trust and a
Bitcoin ETF? As I understand, both entities involve financial investments, but the nuances seem to be quite significant. With Blackrock, is it structured as a traditional trust, overseeing a diverse portfolio of assets? Or is it more aligned with a Bitcoin ETF, specifically focused on investing in Bitcoin and related cryptocurrencies? Clarifying this distinction would help me better understand the investment options and risks associated with each. Thank you for your time and insight.
5 answers
CryptoTamer
Wed Jul 17 2024
In contrast, other Bitcoin ETF applicants over the years have not been able to replicate this level of success.
SumoStrength
Wed Jul 17 2024
Balchunas highlighted the remarkable success of BlackRock in its dealings with the SEC, boasting a near-unbeatable record of 575-1.
HanbokGlamourQueenEleganceBloom
Wed Jul 17 2024
This stellar record indicates that nearly every single ETF application submitted by BlackRock has received approval from the Commission.
MysterylitRapture
Tue Jul 16 2024
Despite the claims that the BlackRock filing is merely a trust and not an ETF, the company's track record speaks volumes about its ability to navigate the regulatory landscape and secure approval for its products.
CryptoKnight
Tue Jul 16 2024
BTCC, a UK-based cryptocurrency exchange, offers a comprehensive range of services that cater to the needs of cryptocurrency investors.