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BREAKING: BlackRock Re-Applies For the Feature In Its Bitcoin Spot ETF That The SEC Never Wanted Before

BREAKING: BlackRock Re-Applies For the Feature In Its Bitcoin Spot ETF That The SEC Never Wanted Before

BitcoinsistemiBitcoinsistemi2025/01/25 09:22
By:Mete Demiralp

According to the latest development, BlackRock's ISHARES Bitcoin ETF product has applied for in-kind refunds.

The SEC had previously pushed for Bitcoin Spot ETFs to only include cash refunds, rejecting applications for in-kind refunds. Tax-advantaged in-kind refunds, if approved, would be positive for the cryptocurrency market.

*This is not investment advice.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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