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The Nasdaq redefines the rules of the game: redemption of BlackRock ETFs in Bitcoin as well as in fiat Cryptonomist 28 Jan 2025

The Nasdaq redefines the rules of the game: redemption of BlackRock ETFs in Bitcoin as well as in fiat 💹

Nasdaq has unveiled an innovative proposal that could alter the dynamics of the financial market. This new approach facilitates the redemption of BlackRock ETFs in both Bitcoin and traditional fiat currencies. The move signifies a significant shift in how financial instruments can operate, potentially boosting the mainstream adoption of cryptocurrencies.

This development underscores the evolving relationship between traditional financial systems and the crypto space, reflecting an ongoing trend towards integration and flexibility in trading and investment strategies.

Source: en.cryptonomist.ch ↗

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