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BlackRock’s IBIT scores SEC hurdle cleared for Bitcoin ETF FinTech Futures

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BlackRock’s spot bitcoin ETF, the iShares Bitcoin Trust (IBIT), has received final approval from the U.S. Securities and Exchange Commission (SEC) and is set to begin trading on Nasdaq on January 11, 2024. The ETF will track the price of bitcoin and aims to provide investors with a cost-effective and convenient way to access the cryptocurrency. BlackRock’s iShares has over 20 years of experience and has helped millions of investors around the world access different markets. The registration statement for IBIT can be found on the SEC’s website.

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