#BlackRock Submits New Request from #ETF from #Bitcoin After Concerns from #SEC

BlackRock filed a new application for a Bitcoin spot market ETF after reports that the SEC found flaws in its initial filing. If successful, it would be the first spot Bitcoin ETF to gain approval.

In a new filing made on its behalf by US exchange Nasdaq, BlackRock said it will end a surveillance agreement with #Coinbase (COIN), addressing one of the main objections the Securities and Exchange Commission has raised in rejecting Bitcoin ETF applications. spot in the past.

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