BlackRock files for third Bitcoin ETF, still no Solana or XRP
Summary
Asset manager BlackRock has submitted paperwork for another Bitcoin exchange-traded fund. This new proposed fund plans to use options strategies to restrict both potential losses and gains. The product will expand the firm's existing crypto fund lineup, which already includes Bitcoin and Ether funds.
BlackRock’s proposed Bitcoin fund would use options to limit potential losses and gains, adding another strategy to its existing Bitcoin and Ether ETF lineup.
Source: Read the full story at Cointelegraph.com News
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