Coinbase Explores a Crypto ETF with BlackRock

[kreslik.news]

After a growing number offailed attempts to establish a Bitcoin ETF by a lengthening list of firms, Coinbase has decided to throw its own hat into the ring. The San Francisco-based company is reportedly in talks with BlackRock, the world’s largest investment management firm, to establish a Crypto ETF of its own.

According to a report by Ethereum World News, the Coinbase Crypto ETF would most likely track multiple cryptocurrencies rather than Bitcoin alone. It’s not yet clear whether Coinbase’s talks with BlackRock are ongoing, or if the conversation was a one-time event.

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