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Bitcoin� It Can�t Be This Easy?BlackRock is proposing to convert the trust to a "spot" ETF, which means it will own ether instead of futures products tied to the crypto token. Asset management giant BlackRock took the first steps Thursday to launch a spot bitcoin exchange-traded fund, which has long been a point of. This meeting is one of a series of meetings between Blackstone Group and the SEC regarding the bitcoin ETF application. Analysts believe that at.