"BlackRock and JPMorgan Lead Financial Titans in Historic Bitcoin ETF Moves Amid Crypto Price Surge"
Originally Published 2 years ago — by Forbes
BlackRock is reportedly preparing a $2 billion investment for its spot bitcoin ETF if approved, potentially surpassing expectations amid a broader cryptocurrency market surge that has seen the combined value of major coins like ethereum, XRP, and solana exceed $1.6 trillion. The crypto community is eagerly anticipating the SEC's decision on the ETF applications, with the potential for significant market impact. Approval could lead to a substantial influx of institutional money into bitcoin, while a denial or delay could negatively affect its price.