Nasdaq has filed a proposal with the U.S. Securities and Exchange Commission (SEC) on behalf of asset manager BlackRock, seeking approval to allow in-kind creation and redemption for its spot Bitcoin exchange-traded fund (ETF), the BlackRock iShares Bitcoin Trust (IBIT). The January 24 filing outlines a proposed rule change that would allow authorized participants, typically
Bitcoin, in a monumental shift that reverberates through the financial world, has achieved a groundbreaking milestone by surpassing the collective market capitalization