Bitcoin Soars as Blackrock Moves Closer to Launching Spot Bitcoin ETF
Blackrock, the world’s largest asset manager, is making progress in bringing its spot bitcoin exchange-traded fund (ETF) to the market. The company has obtained a ticker symbol and a CUSIP number for the upcoming ETF, which is now listed on the Depository Trust and Clearing Corporation (DTCC), responsible for clearing Nasdaq trades. Additionally, Blackrock’s filing indicates its intention to purchase bitcoin to seed the ETF this month.
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Skybridge Boss Scaramucci Predicts Bitcoin’s Value Could Multiply 11-fold With Blackrock’s ETF Approval
Anthony Scaramucci, founder of Skybridge Capital, believes that if the U.S. Securities and Exchange Commission (SEC) approves Blackrock’s spot bitcoin ETF, the value of bitcoin could experience a significant surge. Scaramucci also mentioned Sam Bankman-Fried, former head of FTX, and Gary Gensler, current chair of the SEC.
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Tesla CEO Elon Musk Calls for ‘Comprehensive Deregulation’ After Predicting SEC Overhaul
Billionaire Elon Musk, CEO of Tesla and Spacex, emphasizes the need for “comprehensive deregulation” in response to actions by the U.S. Securities and Exchange Commission (SEC) that he believes are limiting our civilization. This statement follows his prediction of a “comprehensive overhaul” of the SEC with 100% probability.
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Robert Kiyosaki Shares His Investment Strategy — Says He’s Not Trying to Be Warren Buffett
Robert Kiyosaki, author of Rich Dad Poor Dad, reveals his investment strategy, which differs from that of Berkshire Hathaway CEO Warren Buffett. Kiyosaki describes himself as an average investor who accumulates assets for the long term, including gold, silver, bitcoin, and real estate.
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Hot Take: Elon Musk Calls for Comprehensive Deregulation Amidst SEC Regulatory Turmoil
As speculation continues about a possible Blackrock spot bitcoin exchange-traded fund (ETF) approval, Elon Musk calls for “comprehensive deregulation” amidst United States Securities and Exchange Commission (SEC) regulatory turmoil. Musk emphasizes the need to remove excessive regulations that hinder progress and innovation. This aligns with his prediction of a complete overhaul of the SEC. With his influential status and involvement in the cryptocurrency space through Tesla’s Bitcoin investments, Musk’s call for deregulation could have a significant impact on the regulatory landscape surrounding cryptocurrencies.