Nasdaq seeks amendment to BlackRock’s Bitcoin ETF for in-kind redemptions
The in-kind redemption model is seen as a more efficient option for the spot Bitcoin ETF and should have been allowed from “the get-go,” says an ETF analyst.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
The in-kind redemption model is seen as a more efficient option for the spot Bitcoin ETF and should have been allowed from “the get-go,” says an ETF analyst.
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Spot Bitcoin ETFs shed $635 million on October 22, with BlackRock’s IBIT leading the exodus
The significant outflow from Bitcoin ETFs highlights potential volatility in institutional sentiment, raising questions about mark...
Meta Shares Go Onchain: $META Launches on Solana With 24/7 Trading and 1:1 Redemption
Key Takeaways: The Meta Platforms tokenized shares have gone live on Solana under ticker $META. The token is issued by Backpack Se...
Bitcoin ETFs Draw $524.8 Million As BlackRock And Fidelity Lead
TL;DR: US spot Bitcoin ETFs attracted $524.8 million on October 21, according to Farside Investors. BlackRock and Fidelity supplie...
UK Crypto Broker GCEX Starts Offering Bitcoin and Ether Options to Professional Clients
Crypto prime broker GCEX began offering Bitcoin and Ether options to professional and institutional clients today (Thursday). The...
Ripple Makes a Shock SEC Move After $150M XRP Fight as OCC Unveils GENIUS Act Rules
In an October 20 comment letter, Ripple supported the proposed framework while requesting changes to how federal securities law tr...
Toto Finance seeks $5M from Cardano treasury for copper reserve
Cardano's treasury decision could redefine its role, balancing between funding innovation and engaging in speculative investments,...