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Bitcoin just broke $30,000 as BlackRock aims at crypto ETF. Here's why you shouldn't follow the hot money right now.

Por: MarketWatch Business June 23, 2023

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BlackRock  , the world’s biggest money manager, has filed papers with the Securities and Exchange Commission seeking regulatory approval to create a bitcoin ETF. Fund company Invesco, which handles $1.5 trillion in assets, quickly refiled papers seeking permission for its own bitcoin ETF. WisdomTree, another money manager, did the same. Photo illustration: Adam Adada/Xingpei Shen There are no guarantees these ETFs will get regulatory... + full article



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