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Tag: redemptions

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Nasdaq seeks amendment to BlackRock’s Bitcoin ETF for in-kind redemptions

The in-kind redemption model is seen as a more efficient option for the spot Bitcoin ETF and should have been allowed from “the get-go,” says an ETF analyst. Nasdaq has submitted a filing on behalf of asset manager BlackRock, seeking a rule change to permit in-kind creation and redemption for its spot Bitcoin exchange-traded fund…
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