Nasdaq seeks to allow ‘in-kind’ redemptions for BlackRock’s Bitcoin ETF – crypto.news
Nasdaq submits an SEC filing to allow in-kind transfers of BlackRock’s spot Bitcoin ETF, simplifying the process for authorized participants. In a filing submitted to the U.S. Securities and Exchange Commission, Nasdaq proposed on behalf of BlackRock to amend certain conditions made in the initial proposal for the iShares Bitcoin (BTC) Trust that would “allow