BlackRock Bitcoin ETF: SEC Approval Imminent with New Agreement?
Could BlackRock finally crack the code for a Bitcoin ETF? All signs point towards a potential breakthrough, as one of the largest asset managers on the planet, BlackRock, could get coveted US Securities and Exchange Commission (SEC) approval for its Bitcoin ETF due to ongoing discussions and a new, crucial agreement.
The buzz is around a potentially updated share-redemption structure. It appears that BlackRock is working with the SEC to determine the share-redemption structure of its proposed product. ETF redemption typically takes two forms: either [in-kind] or cash creation and redemption. Under the updated proposal, BlackRock’s ETF will feature cash creation and redemption mechanisms, the model favored by the Securities and Exchange Commission (SEC). This is a significant shift that addresses previous SEC concerns.
BlackRock’s (BLK) iShares Bitcoin Trust application to the U.S. Securities and Exchange Commission (SEC) this week might stand a better chance than previous attempts. BlackRock’s filing seemed carefully constructed to align with SEC preferences.
Good News for the Bitcoin ETF Market: La Comisión de Valores de Estados Unidos (SEC) ha aceptado la solicitud de BlackRock para un fondo cotizado en bolsa (ETF) de Bitcoin al contado, tras haber admitido… [many other applications]. In a filing, the agency announced that applications for 11 issuers, including BlackRock and Grayscale, had been approved—the culmination of a process that began in [some time]. This approval covers spot Bitcoin ETFs, a significant step forward for mainstream Bitcoin investment.
IBIT Options Trading Approved! Options trading for BlackRock's fund iShares Bitcoin Trust has been approved with ticker symbol IBIT, the regulator said in a notice on Friday.
Remember, on June 15, BlackRock, whose iShares fund is among the 11 approved, filed for SEC approval of a so-called spot Bitcoin ETF.
While 20 de sept. de 2025 seems irrelevant here, the approval process is clearly underway and potentially accelerating. Keep checking back for the latest updates on BlackRock's Bitcoin ETF and the SEC's decision.