The SEC has launched proceedings to assess Nasdaq’s proposed rule change that would allow in-kind creations and redemptions for Blackrock’s Bitcoin ETF. SEC Reviews Nasdaq’s In-Kind Rule Change for Blackrock Bitcoin ETF The U.S. Securities and Exchange Commission (SEC) issued an order on May 13 to commence proceedings that will determine whether to approve or […]
Source: https://news.bitcoin.com/sec-begins-proceedings-on-blackrock-bitcoin-etf-over-in-kind-creation-model/