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
S-2,31%
BTC-0,23%
TRUST-0,81%
GT-0,86%
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.
  • Reward
  • 1
  • Repost
  • Share
Comment
0/400
YamiSUZAvip
· 2025-01-25 17:34
wheals is Best Bull Run 🐂Bull Run 🐂Bull Run 🐂Bull Run 🐂Bull Run 🐂Bull Run 🐂Bull Run 🐂
Reply1
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • بالعربية
  • Português (Brasil)
  • 简体中文
  • English
  • Español
  • Français (Afrique)
  • Bahasa Indonesia
  • 日本語
  • Português (Portugal)
  • Русский
  • 繁體中文
  • Українська
  • Tiếng Việt