The SEC has so far resisted allowing the launch of a spot bitcoin ETF in the U.S.
Several other firms have filed and later pulled applications to launch spot bitcoin funds.
Coinbase is listed as the bitcoin custodian for the proposed BlackRock ETF.
The companies announced last year that Aladdin, BlackRock's institutional investment platform, would be connected to Coinbase Prime for crypto trading and custody.
The entrance of BlackRock into the bitcoin ETF space could be a boost to a sector that has had a rocky start over the past two years.
Persons:
Bitcoin, Aisha Hunt, Kelley Hunt, Charles, BlackRock's, Coinbase, Binance, Aladdin, BITO
Organizations:
BlackRock, U.S . Securities, Exchange Commission, SEC, U.S, Washington , D.C, Coinbase
Locations:
Wall, bitcoin, BlackRock, Washington ,