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Many crypto observers keenly awaited how GBTC’s low cost would react to the information about BlackRock, the world’s largest ETF issuer and a mainstay within the conventional finance world, trying to register a spot BTC ETF with the U.S. Securities and Alternate Fee (SEC). A number of funding managers, together with WisdomTree, VanEck, Ark Funding Administration with 21Shares, have tried to register such a product over the previous two years, however the U.S. Securities and Alternate Fee (SEC) has rejected all functions, thus far.
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