Helene Braun Archives

January 29, 2025

Nasdaq Files for In-Kind Redemptions for BlackRock Spot Bitcoin ETF

EditorCrypto CoinDesk, Helene Braun, Krisztian Sandor

The Securities and Exchange Commission had previously only allowed cash redemptions when the spot bitcoin ETFs were approved last January. What to know: Nasdaq has filed a proposed rule change to allow in-kind creation and redemption for the BlackRock iShares Bitcoin Trust (IBIT), according to a Friday filing to the U.S. Securities and Exchange Commission (SEC). The […]