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Bitcoin Shorts Lose $16M as BlackRock ETF Filing Sparks Bullish Outlook

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coindesk.com/markets/2023/06/16/bitcoin-shorts-lose-16m-as-blackrock-etf-filing-sparks-bullish-outlook

On Thursday, CoinDesk reported that BlackRock planned to offer a Bitcoin ETF with crypto exchange Coinbase serving as custodian. This was confirmed later after a filing showed the company’s iShares fund management unit filed paperwork for the formation of a spot bitcoin (BTC) ETF.
“An estimated 20% of Americans have now owned bitcoin at some point. BlackRock’s proposed ETF…

This story from coindesk.com was posted on 2023-06-16 by @autumndew.

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