BlackRock Amends ETF Application, Inscriptions Overwhelm Multiple Blockchains
Dec 19, 2023
Market Update U.S equities are seeing a modest increase, while interest rates have dipped following the Bank of Japan's decision to maintain its key interest rate at -0.1% and keep its existing yield curve control policy intact. Meanwhile, cryptocurrency markets are seeing a rise, fueled by ongoing positive sentiments regarding the potential approval of a near-term Bitcoin ETF. This optimism has been bolstered by BlackRock amending its application to incorporate cash creations/redemptions, and Bitwise introducing the inaugural advertisement for a Bitcoin ETF product. $BTC gained 0.7% over the
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