BlackRock's iShares #Bitcoin Trust ETF has put forward a proposal to allow authorized participants to redeem ETF shares directly for bitcoin rather than cash. This approach underscores the world’s largest asset manager’s acknowledgment of bitcoin as a legitimate asset, treating it on par with traditional commodities.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
5 Likes
Reward
5
1
Repost
Share
Comment
0/400
YamiSUZA
· 2025-01-25 17:34
wheals is Best Bull Run 🐂Bull Run 🐂Bull Run 🐂Bull Run 🐂Bull Run 🐂Bull Run 🐂Bull Run 🐂
BLACKROCK'S ISHARES BITCOIN ETF PROPOSES "IN-KIND" BITCOIN REDEMPTIONS
BlackRock's iShares #Bitcoin Trust ETF has put forward a proposal to allow authorized participants to redeem ETF shares directly for bitcoin rather than cash. This approach underscores the world’s largest asset manager’s acknowledgment of bitcoin as a legitimate asset, treating it on par with traditional commodities.
#crypto, #gt