BlackRock Refutes News that SEC Has Approved Its iShares BTC ETF

The post BlackRock Refutes News that SEC Has Approved Its iShares BTC ETF appeared on BitcoinEthereumNews.com. BlackRock has debunked circulating claims that the U.S. SEC has approved the company’s iShares Bitcoin (BTC) spot ETF, according to Fox Journalist Eleanor Terrett and other industry leaders. Amid the anticipation within the crypto community, prominent crypto-focused media outlet Cointelegraph announced on X today that the SEC has approved BlackRock’s application to launch the iShares BTC spot exchange-traded fund (ETF). The report reverberated within the broader crypto community, especially at a time when Bitcoin and the rest of the market were already witnessing a recovery from the latest plunge.  However, this euphoria was short-lived, as credible sources dismissed the report as false. One of these sources was Eleanor Terrett, who categorically stated that BlackRock confirmed that the disclosure was inaccurate. BlackRock noted that the SEC was still reviewing their application.

Oct 17, 2023 - 05:00
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BlackRock Refutes News that SEC Has Approved Its iShares BTC ETF

The post BlackRock Refutes News that SEC Has Approved Its iShares BTC ETF appeared on BitcoinEthereumNews.com.

BlackRock has debunked circulating claims that the U.S. SEC has approved the company’s iShares Bitcoin (BTC) spot ETF, according to Fox Journalist Eleanor Terrett and other industry leaders. Amid the anticipation within the crypto community, prominent crypto-focused media outlet Cointelegraph announced on X today that the SEC has approved BlackRock’s application to launch the iShares BTC spot exchange-traded fund (ETF). The report reverberated within the broader crypto community, especially at a time when Bitcoin and the rest of the market were already witnessing a recovery from the latest plunge.  However, this euphoria was short-lived, as credible sources dismissed the report as false. One of these sources was Eleanor Terrett, who categorically stated that BlackRock confirmed that the disclosure was inaccurate. BlackRock noted that the SEC was still reviewing their application.

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