BlackRock's Bitcoin ETF the seventh utility delayed by SEC on Aug. 31

The US Securities and Change Fee (SEC) has delayed an utility for a (BTC) exchange-traded fund from international asset supervisor BlackRock (NYSE:).

BlackRock, a agency with greater than $8.5 trillion in belongings underneath administration, had a call on its iShares Bitcoin Belief delayed following an utility with the SEC. In June, BlackRock lodged an utility for a BTC-backed ETF with Coinbase (NASDAQ:) listed because the deliberate custodian of the fund’s Bitcoin holdings and the Financial institution of New York Mellon (NYSE:) answerable for its fiat accounts.

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