BlackRock files 8-A for yield-bearing bitcoin ETF; analyst expects launch next week

Crypto Insight Summary: Bloomberg Analyst Eric Balchunas said the filing signals an imminent launch, adding that he expects it to start trading next week. Crypto Insight Analysis: Direction: Bullish BTC Impact: Major Impact Horizon: Short-term (1-3 days) Reasoning: BlackRock's ETF launch could drive significant institutional inflows into Bitcoin.