BlackRock, a firm with more than $8.5 trillion in assets under management, had a decision on its iShares Bitcoin Trust delayed following an application with the SEC. In June, BlackRock lodged an application for a BTC-backed ETF with Coinbase (NASDAQ:COIN) listed as the planned custodian of the fund’s Bitcoin holdings and the Bank of New York Mellon (NYSE:BK) in charge of its fiat accounts.
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Source: Cryptocurrency - investing.com