Cointelegraph Apologizes For Inaccurate Post Regarding Approval Of Blackrock Bitcoin ETF
Portfolio Pulse from Benzinga Newsdesk
Cointelegraph has apologized for disseminating inaccurate information regarding the approval of Blackrock's Bitcoin ETF. An internal investigation is underway and the findings will be shared with the public.
October 16, 2023 | 2:51 pm
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NEUTRAL IMPACT
Blackrock's stock may be affected by the inaccurate information regarding the approval of its Bitcoin ETF. The outcome of the internal investigation could further impact the stock.
The inaccurate information disseminated by Cointelegraph could have led to speculative trading of Blackrock's stock. The outcome of the internal investigation could either alleviate or exacerbate this effect.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80
NEUTRAL IMPACT
The inaccurate information regarding the approval of Blackrock's Bitcoin ETF could have caused volatility in the price of Bitcoin.
The inaccurate information could have led to speculative trading of Bitcoin, causing price volatility. The outcome of the internal investigation could either alleviate or exacerbate this effect.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 70