Cointelegraph claimed that the SEC accepted the Blackrock spot Bitcoin ETF application.
Later, Cointelegraph edited the relevant post and added the phrase “AS REPORTED” at the end.
According to a last minute development, Cointelegraph deleted the relevant post!
Although Bitcoin rose to $30,000 when the news was first published, it later declined.
Other latest updates and explanations regarding the news are as follows:
Updates:
Eric Balchunas stated in his last post that this was also shared by Reuters terminal.
Whoa, Reuters is reporting SEC is approving the iShares Bitcoin ETF, this is via Benzinga and an actual headline on the terminal. I still want more confirmation but this is second source saying this.. pic.twitter.com/jAEOLxXYcg
— Eric Balchunas (@EricBalchunas) October 16, 2023
Eleanor Terrett said that she reached Blackrock and this news was denied.
🚨BlackRock has just confirmed to me that this is false. Their application is still under review. https://t.co/XIfIWZ0Ule
— Eleanor Terrett (@EleanorTerrett) October 16, 2023
On the other hand, Bloomberg analyst Seyffart said that this claim may not reflect reality.
I believe this to be fake new.
While this would be positive for the things we've been saying. I can't find anything that would confirm this at the moment. #Bitcoin https://t.co/gVGGUsBfga
— James Seyffart (@JSeyff) October 16, 2023
*Blackrock and iShares applications are the same applications. So the two are not different companies.
