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Invesco and WisdomTree Join BlackRock in Pursuit of Spot Bitcoin ETF Approval
Last week, BlackRock, the world's largest asset manager, filed an application to register a spot Bitcoin exchange-traded fund (ETF) in the United States, spurring two more major issuers to pursue similar financial instruments. Yesterday (Tuesday), both Invesco and WisdomTree announced their intention to create their own spot Bitcoin ETFs. Despite falling short of its previous attempts, BlackRock's recent move has boosted hopes that US regulators might finally approve such an instrument this time...
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Posted: Jun 21 2023, 08:23
Author Name: financemagnates
Views: 081174