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cryptonews 2023-07-14 18:00:00

Wall Street Giants Seek Approval for Bitcoin ETFs Amidst Crypto Industry Turmoil

The recent regulatory crackdown has not scared Wall Street asset managers like BlackRock, Fidelity and Invesco from applying to list spot Bitcoin (BTC) exchange-traded funds (ETFs), with experts now estimating a 50% chance of approval. The race to launch an ETF is led by Cathie Wood’s ARK Invest and 21Shares, which are seeking to list its product with the ticker ARKB on the CBOE exchange.... Read More: Wall Street Giants Seek Approval for Bitcoin ETFs Amidst Crypto Industry Turmoil

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