cherry

Bitcoin ETF

Bitcoin

Bold

<p>It’s a thrilling time in the crypto universe! As Bitcoin dazzles with its meteoric rise to <a href="https://cryptoticker.io/en/bitcoin-hits-34k-in-a-day/">$34,000</a>, the spotlight shines brightly on BlackRock. The financial behemoth is gearing up for a groundbreaking move: launching its very own <a href="https://cryptoticker.io/en/when-will-sec-approve-bitcoin-etf-and-ethereum-etf/">Bitcoin ETF.</a></p> 
<figure class="wp-block-image size-large is-style-default">
 <img loading="lazy" width="1280" height="853" src="https://cryptocdn.fra1.cdn.digitaloceanspaces.com/sites/8/background-with-bitcoin-growing-price-chart_Easy-Resize.com_-1.jpg" alt="Bitcoin btc" class="wp-image-114138">
</figure>  
<h3 id="h-blackrock-s-bold-bitcoin-venture">BlackRock’s Bold Bitcoin Venture</h3> 
<p>BlackRock isn’t just dipping its toes; it’s diving headfirst into the Bitcoin pool. The buzz is all about their upcoming Bitcoin ETF, and it’s causing quite the stir. The iShares Bitcoin Trust, aptly dubbed IBTC, has secured its badge from the heavyweight, the Depository Trust &amp; Clearing Corporation (DTCC). And the cherry on top? Rumor has it a secret investor is ready to back this ETF. It’s not an official launch whistle, but it sure sounds like one.</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper"> 
  <blockquote class="twitter-tweet" data-width="500" data-dnt="true">
   <p lang="en" dir="ltr">The iShares Bitcoin Trust has been listed on the DTCC (Depository Trust &amp; Clearing Corporation, which clears NASDAQ trades). And the ticker will be <a href="https://twitter.com/search?q=%24IBTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$IBTC</a>. Again all part of the process of bringing ETF to market.. h/t <a href="https://twitter.com/martypartymusic?ref_src=twsrc%5Etfw">@martypartymusic</a> <a href="https://t.co/8PQP3h2yW0">pic.twitter.com/8PQP3h2yW0</a></p>— Eric Balchunas (@EricBalchunas) <a href="https://twitter.com/EricBalchunas/status/1716529570759704832?ref_src=twsrc%5Etfw">October 23, 2023</a>
  </blockquote> 
 </div>
</figure>  
<h3 id="h-the-bitcoin-etf-buzz-explained">The Bitcoin ETF Buzz Explained</h3> 
<p>For those scratching their heads, an ETF is your golden ticket to the Bitcoin party without buying the actual Bitcoin. With regulators playing hardball, a thumbs-up for BlackRock’s ETF could be the game’s turning point. Some crypto insiders even hint at a January launch approval.</p>  
<h3 id="h-bitcoin-s-blazing-trail">Bitcoin’s Blazing Trail</h3> 
<p>While BlackRock’s moves are turning heads, <a href="https://cryptoticker.io/en/bitcoin-hits-34k-in-a-day/">Bitcoin’s leap to $34,000</a> is stealing the show. With industry giants like BlackRock showing faith in crypto, Bitcoin’s shine is only getting brighter. The journey’s been wild, and the peak might just be around the corner.</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
   https://twitter.com/CryptotickerIo/status/1716625235238420686 
 </div>
</figure>  
<h3 id="h-wrapping-it-up">Wrapping It Up</h3> 
<p>Here’s the scoop: BlackRock’s ETF prep and Bitcoin’s surge are the talk of the town. If BlackRock nails the ETF launch, it’s a massive nod to Bitcoin’s superstar status. And with the current vibe, Bitcoin’s future looks nothing short of spectacular.</p>

BlackRock Preps for Bitcoin ETF Launch: Bitcoin Skyrockets to $34K!

Table of Contents

CryptoTicker ENG

Other articles published on Oct 24, 2023

One Ethereum Rival Gained Steam in Q3 2023, According to Binance Research

Bitcoin Price Surges 100% in 2023, Here Are The Major Catalysts

Performance Testing of Whatsminer M60S Shows Remarkable Efficiency

BlackRock’s iShares Bitcoin Trust gets relisted on DTCC

Synthetic Assets in DeFi: What They Are And How To Trade Them

Tellor (TRB) price surges 750% as network activity hits ATH

Join our free newsletter for daily crypto updates!