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24HMarketAnalysisEN
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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
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
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