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Nasdaq Seeks In-Kind Redemptions for BlackRock's Bitcoin ETF

Mary Liu

Summary: Nasdaq has filed an amendment to BlackRock's Bitcoin ETF proposal, seeking to allow investors to redeem their shares for actual Bitcoin instead of cash. This departure from the SEC's initial preference for cash redemptions could significantly impact the Bitcoin ETF landscape. This move by Nasdaq signals a potential shift in the regulatory landscape and could ...

Nasdaq has filed an amendment to BlackRock's Bitcoin ETF proposal, seeking to allow investors to redeem their shares for actual Bitcoin instead of cash. This departure from the SEC's initial preference for cash redemptions could significantly impact the Bitcoin ETF landscape.

This move by Nasdaq signals a potential shift in the regulatory landscape and could pave the way for greater flexibility and potentially higher liquidity within the Bitcoin ETF market.

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Link: Nasdaq Seeks In-Kind Redemptions for BlackRock's Bitcoin ETF   [Copy]
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