Blackrock is launching a spot-bitcoin ETF due to the increasing demand and interest in cryptocurrencies, especially bitcoin. This move allows investors to gain exposure to 
Bitcoin without having to directly buy and store the cryptocurrency.
            
            
            
            
            
            
           
          
            6 answers
            
            
  
    
    CryptoPioneer
    Thu Jan 16 2025
   
  
    The journey towards establishing a spot-Bitcoin ETF in the United States has been fraught with challenges.
  
  
 
            
            
  
    
    ZenMindfulness
    Thu Jan 16 2025
   
  
    BlackRock, the world's largest investment firm, boasts an impressive $11 trillion in assets under management.
  
  
 
            
            
  
    
    BlockchainWizardGuard
    Thu Jan 16 2025
   
  
    This significant financial clout has had a profound impact on the cryptocurrency market, particularly on Bitcoin.
  
  
 
            
            
  
    
    Martino
    Thu Jan 16 2025
   
  
    Despite the obstacles, the relentless pursuit of bringing a Bitcoin ETF to market has continued, fueled by the growing interest in the cryptocurrency.
  
  
 
            
            
  
    
    Tommaso
    Thu Jan 16 2025
   
  
    Due to BlackRock's embrace of Bitcoin, the digital currency's price surged past the $100,000 mark for the very first time.