BlackRock Wants to Buy Spot Bitcoin ETFs for Global Allocation Fund

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BlackRock Wants to Buy Spot Bitcoin ETFs for Global Allocation Fund
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BlackRock has recently updated its filing with the Securities and Exchange Commission , indicating its intention to purchase spot Bitcoin ETFs for its Global Allocation Fund .that MALOX may acquire shares of BlackRock’s spot Bitcoin ETF, IBIT, and ETFs offered by other issuers, with the fund exclusively investing in ETPs traded and listed on national securities exchanges.

Options are good for investors, whether retail or institutional, and contribute to a robust and healthy market. Options support price discovery, and can help investors better navigate market conditions or achieve desired outcomes, such as generating income.In a February X post, Michael Sonnenshein, CEO of Grayscale, also advocated for the approval of exchange-listed options for spot Bitcoin ETFs.

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