BlackRock, the world’s largest asset manager, is reportedly close to filing an application for a bitcoin exchange-traded fund (ETF), according to a CoinDesk report Thursday, citing a person familiar with the matter.
The asset manager BLK will reportedly tap Coinbase Global Inc. COIN to provide custody for the ETF, drawing upon the crypto exchange’s spot market data for pricing, according to CoinDesk.
It…
This post was originally published on Market Watch
