Asset Management

BlackRock files for bitcoin ETF in the US

The SEC filing comes after BlackRock last year launched a private spot bitcoin trust

The private trust from BlackRock, launched in August, came after the $9tn asset manager announced it was partnering with Coinbase Global
The private trust from BlackRock, launched in August, came after the $9tn asset manager announced it was partnering with Coinbase Global Photo: Bloomberg via Getty Images

BlackRock has lodged a filing with the US regulator to launch an exchange traded fund to offer investors exposure to bitcoin — the world's most popular cryptocurrency.

According to a filing with the Securities and Exchange Commission, submitted on 15 June, the iShares Bitcoin Trust would use Coinbase as its custodian and would track the cryptocurrency's underlying price.

WSJ Logo
Bank of New York Mellon Approached Northern Trust to Discuss Potential MergerExternal link

Bank of New York Mellon Approached Northern Trust to Discuss Potential Merger