{"id":12105,"date":"2025-02-25T07:49:30","date_gmt":"2025-02-25T07:49:30","guid":{"rendered":"https:\/\/uaenewsroom.com\/bitcoin-bounces-on-blackrock-buzz\/"},"modified":"2025-02-25T07:49:30","modified_gmt":"2025-02-25T07:49:30","slug":"bitcoin-bounces-on-blackrock-buzz","status":"publish","type":"post","link":"https:\/\/uaenewsroom.com\/en\/bitcoin-bounces-on-blackrock-buzz\/","title":{"rendered":"Bitcoin bounces on BlackRock buzz"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<div class=\"img-wrap\"><img decoding=\"async\" src=\"https:\/\/imgengine.khaleejtimes.com\/khaleejtimes\/import\/images\/2Wqj9aMv2vhgDOC2aiGeVp5lEis.jpg?width=800&amp;format=auto\" alt=\"\"\/><\/div>\n<p>What would Satoshi make of it all?<\/p>\n<p>Bitcoin, the currency created to subvert the financial establishment, has shaken off weeks of sickness with the support of Wall Street&#8217;s finest.<\/p>\n<p>The original crypto coin has leapt 20 per cent to two-month highs at $30,182 over the past 11 days after BlackRock, the world&#8217;s largest asset manager, revealed hopes for a spot bitcoin exchange-traded fund (ETF) in the United States.<\/p>\n<p>BlackRock filed for a prospective spot bitcoin ETF on June 15, undeterred by the Securities and Exchange Commission&#8217;s (SEC) past record of rejecting every such application. The news helped bitcoin bounce out of the doldrums and snap two consecutive weeks of losses.<\/p>\n<p>Satoshi Nakamoto&#8217;s rebel child is invigorated by the prospect of an ETF that offers investors exposure to spot bitcoin on a regulated US stock exchange without the hassle of custody.<\/p>\n<p>Bitcoin&#8217;s market value has grown to comprise nearly half of the $1.1 trillion overall crypto market, its highest share in over two years,&#8230;<\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.khaleejtimes.com\/business\/cryptoverse-bitcoin-bounces-on-blackrock-buzz\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>What would Satoshi make of it all? Bitcoin, the currency created to subvert the financial establishment, has shaken off weeks of sickness with the support of Wall Street&#8217;s finest. The original crypto coin has leapt 20 per cent to two-month highs at $30,182 over the past 11 days after BlackRock, the world&#8217;s largest asset manager, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[126,2],"tags":[],"class_list":{"0":"post-12105","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-business","7":"category-business-ar"},"_links":{"self":[{"href":"https:\/\/uaenewsroom.com\/en\/wp-json\/wp\/v2\/posts\/12105","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/uaenewsroom.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/uaenewsroom.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/uaenewsroom.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/uaenewsroom.com\/en\/wp-json\/wp\/v2\/comments?post=12105"}],"version-history":[{"count":0,"href":"https:\/\/uaenewsroom.com\/en\/wp-json\/wp\/v2\/posts\/12105\/revisions"}],"wp:attachment":[{"href":"https:\/\/uaenewsroom.com\/en\/wp-json\/wp\/v2\/media?parent=12105"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/uaenewsroom.com\/en\/wp-json\/wp\/v2\/categories?post=12105"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/uaenewsroom.com\/en\/wp-json\/wp\/v2\/tags?post=12105"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}