Bitcoin Jumps as Traditional Firms Tap Crypto
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Summary:Bitcoin continues to rally, with analysts citing recent moves by traditional financial firms to tap the crypto market as a bet on the industry. BlackRock has [filed paperwork](https://www.wsj.com/livecoverage/stock-market-today-dow-jones-06-15-2023/card/blackrock-files-for-spot-bitcoin-etf-uXnyhGqVpaPyVtnF0zOC) with the Securities and Exchange Commission for a spot bitcoin exchange-traded fund.

Bitcoin continues to rally, with analysts citing recent moves by traditional financial firms to tap the crypto market as a bet on the industry. BlackRock has [filed paperwork](https://www.wsj.com/livecoverage/stock-market-today-dow-jones-06-15-2023/card/blackrock-files-for-spot-bitcoin-etf-uXnyhGqVpaPyVtnF0zOC) with the Securities and Exchange Commission for a spot bitcoin exchange-traded fund.

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