Representatives from BlackRock (BLK), Nasdaq and the Securities and Exchange Commission (SEC) met for the second time in a month to discuss rule changes required for the listing of the Bitcoin (BTC) exchange-traded fund (ETF), a published Memo. “The discussion concerned NASDAQ Stock Market LLC’s proposed rule change regarding the listing and trading of shares … [Read more…]
On Monday, BlackRock (BLK) filed a revised proposal for a spot Bitcoin (BTC) exchange-traded fund (ETF) in an attempt to appease regulators, which is likely to boost its chances of getting a first-of-its-kind approval in the US Under the updated proposal, BlackRock’s ETF will have cash creation and redemption mechanisms, the model preferred by the … [Read more…]
Potential Bitcoin exchange-traded fund (ETF) issuer Hashdex amended its filings on Friday, naming BitGo as its Bitcoin custodian and changing the name of its Bitcoin futures ETF to Hashdex Bitcoin ETF, as it – and other companies – continues to hope for a Bitcoin custodian approval for the US’s first spot Bitcoin ETF at the … [Read more…]