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BlackRock Files for Buffered Bitcoin ETF With SEC

Original: BlackRock Enters the Buffered Bitcoin ETF Race With New SEC Filing

BlackRock has filed a new registration with the US Securities and Exchange Commission to launch a buffered Bitcoin exchange-traded fund. The product would cap potential losses over a set period, a structure already being pursued by rival asset managers in the crypto ETF space. The move signals BlackRock's continued expansion of its digital asset offerings beyond its existing spot Bitcoin ETF.

Why now: BlackRock's entry escalates competition in the fast-growing Bitcoin ETF market.

BlackRockSECBitcoin

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