Global asset manager BlackRock files for bitcoin ETF

Global asset manager BlackRock files for bitcoin ETF

A specialist trader works at the post where BlackRock is traded on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., July 21, 2022. REUTERS/Brendan McDermid

BlackRock on Thursday filed for a bitcoin exchange-traded fund (ETF) that would allow investors to get exposure to the cryptocurrency, betting on the asset class that has come under pressure from regulatory action in recent months.