June 16 (Cointime) - On Thursday, BlackRock filed a registration statement with the U.S. Securities and Exchange Commission for the iShares Bitcoin Trust, which could potentially lead to a bitcoin ETF. The trust will hold bitcoin assets primarily held by Coinbase Custody Trust Company, and the price of bitcoin will be determined using the CF Benchmarks Index. This move marks a significant step for BlackRock towards a potential bitcoin ETF.
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BlackRock Files Registration for Bitcoin ETF Trust with Coinbase Custody as Designated Custodian
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