BlackRock Leading Wall Street's Growing Interest in Bitcoin as SEC Nears Decision on Crypto ETF

BlackRock, the world's largest asset manager, is driving Wall Street interest in bitcoin and crypto.

A former BlackRock director predicts the SEC will approve a bitcoin spot ETF in 3-6 months.

This would allow funds managing $17.7 trillion in assets to invest in bitcoin.

The SEC recently asked for more comments on bitcoin ETF applications, seen as a positive sign.

The SEC may also be forced to approve Grayscale's application to convert its bitcoin trust into an ETF.