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BlackRock

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Web3

BlackRock and Bitwise Update their Spot BTC ETF Applications

BlackRock, the largest asset manager in the world, has recently submitted an updated version of its spot BTC ETF application to the SEC. The largest crypto index fund manager, Bitwise, also took similar action but had submitted an updated application an hour before BlackRock did. Quick Take: Analysts throughout the crypto market believe that the

Afroz Ahmad

Web3

SEC Imposes a $2.5M Fine Against BlackRock

The Securities and Exchange Commission (SEC) has charged BlackRock for potentially misrepresenting investments. The regulatory authority has imposed a $2.5 million fine on the asset managing firm. Quick Take: In a recent development, the Bitcoin ETF plans have seen an unexpected turn of events. The SEC has alleged that BlackRock indulged in a misrepresentation of

Afroz Ahmad