Report suggests BlackRock has 'no current plans' to launch crypto ETF as dead...

Report suggests BlackRock has 'no current plans' to launch crypto ETF as dead...

Senior ETF analyst at Bloomberg Eric Balchunas said he gave the odds of the SEC approving the VanEck fund at less than 1%. BlackRock Financial Management’s global head of iShares and index investments said the financial firm will likely not be launching exchange-traded funds linked to crypto assets anytime soon.According to a Nov. 12 report from Financial News, BlackRock executive Salim Ramji said the firm with $9.5 trillion in assets under management has “no current plans” to launch a cryptocurrency exchange-traded fund, or ETF, until there was additional regulatory clarity in the United....


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