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Bitcoin, Ethereum, Dogecoin Mixed After BlackRock Shows ETF Plans To SEC

From benzinga.com

Major cryptocurrencies experienced mixed trading on Sunday evening following a crucial meeting between BlackRock Inc., Nasdaq representatives, and the Securities and Exchange Commission (SEC). The meeting aimed to discuss the proposed rule regarding the listing of a spot Bitcoin exchange-traded fund (ETF). {table} BlackRock presented an in-depth plan showcasing its capability to employ either an in-kind or in-cash redemption model for its iShares Bitcoin Trust. Additionally, SEC officials held a meeting with representatives from Grayscale to deliberate the listing of a Bitcoin ETF. BlackRock is part of a group of ... (full story)

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  • Category: Fundamental Analysis