BlackRock refiles for bitcoin ETF, after SEC reportedly deemed previous filing inadequate

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BlackRock refiles for bitcoin ETF, after SEC reportedly deemed previous filing inadequate
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BlackRock, the world’s largest asset manager, resubmits filing through Nasdaq to include new details to launch an exchange-traded fund backed by bitcoin.

BlackRock, the world’s largest asset manager, has resubmitted its filing through Nasdaq to include new details to launch an exchange-traded fund backed by bitcoin.

The... BlackRock, the world’s largest asset manager, has resubmitted its filing through Nasdaq to include new details to launch an exchange-traded fund backed by bitcoin. The SEC approved several bitcoin futures-based ETFs in the past, but has yet to green light anything that invests directly in bitcoin itself.

Nasdaq “expects to receive market data for orders and trades from Coinbase,” which it will utilize in surveillance of the trading of BlackRock bitcoin ETF, according to the latest filing.

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