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Will BlackRock s ETF slingshot Bitcoin s price skyward?

SEC Pushes Back Against Fidelity, BlackRock Spot Bitcoin ETF Filings

(Bloomberg) The US Securities and Exchange Commission is pushing back against a wave of filings by asset managers to launch the first US exchange-traded fund that invests directly in Bitcoin, saying the applications lack clarity and further information is needed before they’re considered for approval. Most Read from BloombergTrump ‘Standing Order’ to Declassify Not Found by DOJ, Intelligence AgencyChina Has $3 Trillion of ‘Hidden’ Currency Reserves, Setser SaysA $100 Billion Wealth Migration

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