CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Gustavo Schwenkler of Santa Clara University's Leavey School of Business discusses BlackRock's proposal for a spot bitcoin ETF.
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Bitcoin climbs as BlackRock files for ETF backed by the cryptocurrencyBitcoin rises after BlackRock, the world’s largest asset manager, files an application for an exchange-traded fund backed by the cryptocurrency.
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Asset manager BlackRock files for bitcoin ETFBlackRock on Thursday filed for a bitcoin exchange-traded fund (ETF) that would allow investors to get exposure to the cryptocurrency, betting on the asset class that has come under pressure from regulatory action in recent months.
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