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BlackRock Prioritizes Approval of Spot Bitcoin ETF as Key Initiative

BlackRock Prioritizes Approval of Spot Bitcoin ETF as Key Initiative

2023/12/20 22:41

According to Fox Business, BlackRock, the world's largest asset management company overseeing $9 trillion in assets, has identified the approval of its spot Bitcoin ETF by the SEC as a key priority for the company. BlackRock's founder and CEO, Larry Fink, has referred to Bitcoin as an "international asset" and a "store of value" comparable to gold's longstanding position.

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