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 Nasdaq seeks amendment to BlackRock’s Bitcoin ETF for in-kind redemptions Cointelegraph 1 week ago

Nasdaq seeks amendment to BlackRock’s Bitcoin ETF for in-kind redemptions 💡

Nasdaq is seeking an amendment to BlackRock’s Bitcoin ETF, aiming to introduce an in-kind redemption model.

This model is viewed as a more efficient approach for the spot Bitcoin ETF. According to ETF analysts, this change should have been permitted from the beginning, potentially streamlining processes and improving the ETF’s functionality.

Source: cointelegraph.com ↗

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