BlackRock’s Bitcoin ETF Approved by the SEC, Set to Commence Trading on Thursday, January 11th By Investing.com
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BlackRock’s (BLK) Bitcoin ETF Approved by the SEC, Set to Commence Trading on Thursday, January 11th
The registration statement for BlackRock’s spot bitcoin ETF, the iShares Bitcoin Trust (IBIT), has been declared effective by the U.S. Securities and Exchange Commission (SEC). IBIT seeks to track the price of bitcoin and is expected to begin trading on Nasdaq on January 11, 2024.
“Through IBIT, investors can access bitcoin in a cost-effective and convenient way,” said Dominik Rohe, Head of Americas iShares ETF and Index Investing business at BlackRock (NYSE:).
IBIT helps to remove some of the obstacles and operational burdens that may prevent investors, from asset managers to financial advisors, from directly investing in bitcoin.
With over 20 years of experience and more than 1,300 ETFs globally, iShares has helped over 43 million investors access the market1. Every iShares ETF unlocks access to institutional grade technology and professional risk management expertise in the convenience of the ETF wrapper.
To learn more about the iShares bitcoin ETF filing visit https://www.sec.gov/Archives/edgar/data/1980994/000143774924001125/bit20240109_424b3.htm
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BlackRock’s (BLK) Bitcoin ETF Approved by the SEC, Set to Commence Trading on Thursday, January 11th
The registration statement for BlackRock’s spot bitcoin ETF, the iShares Bitcoin Trust (IBIT), has been declared effective by the U.S. Securities and Exchange Commission (SEC). IBIT seeks to track the price of bitcoin and is expected to begin trading on Nasdaq on January 11, 2024.
“Through IBIT, investors can access bitcoin in a cost-effective and convenient way,” said Dominik Rohe, Head of Americas iShares ETF and Index Investing business at BlackRock (NYSE:).
IBIT helps to remove some of the obstacles and operational burdens that may prevent investors, from asset managers to financial advisors, from directly investing in bitcoin.
With over 20 years of experience and more than 1,300 ETFs globally, iShares has helped over 43 million investors access the market1. Every iShares ETF unlocks access to institutional grade technology and professional risk management expertise in the convenience of the ETF wrapper.
To learn more about the iShares bitcoin ETF filing visit https://www.sec.gov/Archives/edgar/data/1980994/000143774924001125/bit20240109_424b3.htm
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