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News Explorer — This BlackRock Bitcoin ETF Change Could Be a Major Upgrade

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Jan 25, 12:20 am
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This BlackRock Bitcoin ETF Change Could Be a Major Upgrade

Nasdaq's 19b-4 form filing proposes a rule change for BlackRock's iShares Bitcoin Trust ETF, allowing in-kind BTC redemptions by authorized participants, streamlining the process with fewer steps and parties involved. The SEC's rescinding of the SAB 121 crypto accounting rule and the creation of an SEC crypto task force signal a shift towards clearer regulation for the industry.

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