Cryptocurrencies
Another Physical Bitcoin ETF Application Lands in Long-Shot Bid
- BlockFi NB Bitcoin ETF would hold largest cryptocurrency
- Filing ‘on ice’ until SEC changes its tune: BI’s Balchunas
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BlockFi Inc. has joined the list of firms hoping that U.S. regulators might soon have a change of heart when it comes to physically-backed Bitcoin funds.
The BlockFi NB Bitcoin ETF, a joint venture with an affiliate of Neuberger Berman Group LLC, would hold the world’s largest cryptocurrency in order to track its returns, according to a Monday filing with the Securities and Exchange Commission.