with the world's biggest asset manager, BlackRock. Im actually against ETFs. Bitcoin's price has been supported this year by the assumption that big banks and money managers were about to pile into cryptocurrency, though most firm's plans first hatched in the midst of bitcoin's bull run last year are still at an early stage. "Im going to burst your bubble Antonopoulos said. The trading symbol for BlackRock is displayed at the closing bell of the Dow Industrial Average at the New York Stock Exchange on July 14, 2017 in New York.
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"I know a lot of people really want to see an ETF happen because 'to the moon, and lambos but I think it is a terrible idea. Investment bank Goldman Sachs is shelving plans to set up a cryptocurrency trading desk casting doubts over how much interest there is in bitcoin and cryptocurrency from Wall Street and institutional money. Meanwhile, bitcoin traders are also looking ahead to November when the New York Stock Exchange's parent company, Intercontinental Exchange (ICE plans to roll out a bitcoin ETF through its cryptocurrency platform. Bitcoin and cryptocurrency speculators hope than a bitcoin ETF will mean retail investors are more easily able to buy into volatile crypto markets without having to navigate clunky bitcoin exchanges. These bitcoin purists are much keener on news of bitcoin adoption, which many people think will still mean big price rises for bitcoin and other cryptocurrencies). Smith / AFP/ Getty Images). Coinbase's interest in an ETF, first reported. Photo credit: Bryan. Bakkt, which is being launched in partnership with coffee chain Starbucks, software giant Microsoft, and Boston Consulting Group. Business Insider earlier today, could mean that bitcoin price support continues even if the SEC rejects the VanEck proposal a decision that's expected later bitcoin kullan hinta gbp coingecko this month, though has already been pushed back once. However, some influential voices in the bitcoin and cryptocurrency world have argued a bitcoin ETF will be bad for bitcoin and cryptocurrencies in the long term.