{"id":21799,"date":"2023-06-24T01:07:50","date_gmt":"2023-06-24T01:07:50","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/will-blackrock-ishares-etf-application-to-change-crypto-for-good\/"},"modified":"2023-06-24T01:07:50","modified_gmt":"2023-06-24T01:07:50","slug":"will-blackrock-ishares-etf-application-to-change-crypto-for-good","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/will-blackrock-ishares-etf-application-to-change-crypto-for-good\/","title":{"rendered":"Will BlackRock iShares&#8217; ETF Application to Change Crypto For Good?"},"content":{"rendered":"<p><b>(Originally posted on : Crypto News &#8211; iGaming.org )<\/b><br \/>\n<\/p>\n<div>\n<p>BlackRock\u2019s iShares Bitcoin Trust has knocked on the U.S. Securities and Exchange Commission\u2019s (SEC) door with a new proposal. They\u2019ve got their eyes set on a spot <a href=\"https:\/\/igaming.org\/crypto\/blackrocks-ishares-unit-seeks-sec-approval-for-ishares-bitcoin-trust-etf\/\">Bitcoin ETF<\/a>. This time, they\u2019ve come prepared with a surveillance-sharing agreement between Nasdaq and a Bitcoin spot trading platform. The aim? To tackle market manipulation by being transparent about trading and clearing activities, along with customer identification.<\/p>\n<p>The market didn\u2019t just sit by. It hailed BlackRock\u2019s application as a pivotal move. <a href=\"https:\/\/igaming.org\/cryptocurrencies\/section\/what-is-a-bitcoin\/\">Bitcoin<\/a> didn\u2019t stay still either. It saw an 18% climb since the filing. BlackRock, the giant with $9 trillion in assets under management, is now knocking down walls in the minds of institutional investors. They\u2019ve got a good record with the SEC, and experts are betting on a thumbs-up for the iShares Bitcoin Trust.<\/p>\n<div class=\"main-org-3-item-ins box-100 relative mb-4\">\n<div class=\"space-org-3-items box-100 relative\">\n<div class=\"box-100 space-org-3-item relative border-tb mt-1 \">\n<div class=\"space-org-3-item-ins box-100 relative\">\n<div class=\"space-org-3-item-terms box-25 relative\">\n<div class=\"space-org-3-item-terms-ins box-100 text-center relative\"> <strong>350% or 5BTC + <strong>150 Spins!<\/strong><\/strong> <\/p>\n<p>New players only. Exclusive Welcome Bonus &#8211; 350% bonus on your first deposit up to 5BTC <\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>The Grayscale Bitcoin Trust (GBTC), the world\u2019s largest Bitcoin fund and the closest cousin to a Bitcoin ETF, also felt the impact. It got a significant boost following BlackRock\u2019s application. However, the SEC has been playing hardball, having previously rejected GBTC\u2019s ETF application. The SEC\u2019s track record suggests a dislike for spot-traded Bitcoin ETFs, but BlackRock\u2019s application might just be the game-changer.<\/p>\n<p>BlackRock is not leaving anything to chance. They argue that the Bitcoin Futures market is a regulated market of significant size, and that the watchful eyes of CME on futures market conditions should be enough for approval. They\u2019re also suggesting that regulation of the spot Bitcoin market shouldn\u2019t be a deal-breaker.<\/p>\n<p>A successful BlackRock ETF could create ripples across the crypto market. However, time is yet to tell what will happen.<\/p>\n<div class=\"main-org-3-item-ins box-100 relative mb-4\">\n<div class=\"space-org-3-items box-100 relative\">\n<div class=\"box-100 space-org-3-item relative border-tb mt-1 \">\n<div class=\"space-org-3-item-ins box-100 relative\">\n<div class=\"space-org-3-item-terms box-25 relative\">\n<div class=\"space-org-3-item-terms-ins box-100 text-center relative\"> <strong>177% up to 5BTC + 77 <strong> Free Spins<\/strong>!<\/strong> <\/p>\n<p>New players only. Exclusive 177% Welcome Bonus + 77 Free Spins in Aztec Magic Deluxe <\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div><\/div>\n<p><a href=\"https:\/\/igaming.org\/crypto\/will-blackrock-ishares-etf-application-to-change-crypto-for-good\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Crypto News &#8211; iGaming.org ) BlackRock\u2019s iShares Bitcoin Trust has knocked on the U.S. Securities and Exchange Commission\u2019s (SEC) door with a new proposal. They\u2019ve got their eyes set on a spot Bitcoin ETF. This time, they\u2019ve come prepared with a surveillance-sharing agreement between Nasdaq and a Bitcoin spot trading platform. [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":21800,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[34],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/21799"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=21799"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/21799\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/21800"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=21799"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=21799"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=21799"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}