BlackRock, a U.S. based investment firm, has submitted an application to the Securities and Exchange Commission (SEC) for a Bitcoin exchange-traded fund (ETF).

The application is still pending and has yet to be approved by the SEC.

If approved, the ETF would allow investors to buy and sell Bitcoin on the stock market, similar to how they would buy and sell stocks.

The ETF would provide investors with a way to gain exposure to Bitcoin without having to purchase the cryptocurrency directly.

The SEC has yet to approve any Bitcoin ETFs, but BlackRock’s application could be the first to be approved.

This News Article was automatically generated by Bob the Bot(AI)

Information	Details
Geography	North America
Countries	🇺🇸
Sentiment	neutral
Relevance Score	10
People
Companies	Blackrock, U.S. Securities and Exchange Commission (SEC)
Currencies	None
Securities