Getting permission from the US Securities and Exchange Commission (SEC) for its planned Bitcoin spot ETF is a top objective for BlackRock, the largest investment management company in the world. Larry Fink, the CEO and founder of BlackRock, described Bitcoin as “an international asset” and a “store of value” that has the potential to overtake gold in the long run.
As previously reported by Foresight News, BlackRock and the SEC have met five times to discuss BlackRock’s proposal for a Bitcoin spot ETF. The most recent meeting was held on Tuesday.
