Coinbase looking to launch Bitcoin ETF with help of BlackRock
Coinbase is in high-level discussions with BlackRock to launch a crypto exchange-traded fund (ETF) on U.S markets. They join a growing list of competition racing to launch such a product.Tweet this
The FUD surrounding the possibility of a crypto ETF product on U.S. markets continues to reach epic proportions.
Coinbase, the latest player, is said to be enlisting the help of BlackRock to launch a product that will appeal to retail stock investors.
After recently increasing its daily bank transfer limits, Coinbase is reportedly in high-level discussions with BlackRock about just how to get the fund off the ground.
The list of competitors trying to get in on this space continues to increase, but the SEC has yet to approve any for retail investors.
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