BlackRock files for bitcoin ETF offering downside protection and upside exposure to IBIT

Crypto Insight Summary: One of the world's largest investment managers, BlackRock has filed for another bitcoin fund, marking its third tied to the asset. Crypto Insight Analysis: Direction: Bullish BTC Impact: Major Impact Horizon: Long-term (1 quarter-1 year) Reasoning: BlackRock's ETF filing signals institutional adoption and could drive BTC demand.