Nasdaq Proposes In-Kind Bitcoin Redemptions for BlackRock’s iShares ETF Amid Regulatory Changes 💼
Nasdaq is introducing a significant rule change in the world of cryptocurrency investment, particularly impacting Bitcoin ETFs. This proposal allows for in-kind Bitcoin redemptions specifically for BlackRock's iShares Bitcoin ETF. Such a move signals a potential transformation in the regulations governing cryptocurrency investments.
This development reflects a broader trend in adaptability and innovation as cryptocurrency investments become more mainstream. By proposing this rule change, Nasdaq is setting a precedent that could influence future ETF structures and their interaction with Bitcoin.
Source: en.coinotag.com ↗
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