The news appeared on Cointelegraph, Bloomberg and other reputable online media. iShares is a division of the reputable investment company BlackRock. The division’s assets mainly consist of bitcoins.
Immediately after the news appeared, BTC jumped in price to $29,850. But then fell to $27,869 when it became clear: the news turned out to be someone’s malicious fake.
Fox reporter Eleanor Terrett was the first to write that her sources at parent company BlackRock denied the ETF’s approval.
At the end of September, the commission once again postponed its decision on approving applications from 21Shares and ARK Investment Management to launch a spot Bitcoin ETF until January 10.
At the end of August, the SEC delayed its decision on applications from BlackRock, WisdomTree, Invesco Galaxy, Wise Origin, VanEck, Bitwise and Valkyrie Digital until October. The new review dates for Wise Origin, Galaxy and WisdomTree are October 17th, and for Valkyrie they are October 19th.
Source: Bits
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