{"id":9953,"date":"2025-01-27T20:47:34","date_gmt":"2025-01-27T20:47:34","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=9953"},"modified":"2025-01-27T20:47:34","modified_gmt":"2025-01-27T20:47:34","slug":"nasdaqs-bitcoin-etf-shift-could-strengthen-blackrocks-market-position","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=9953","title":{"rendered":"Nasdaq&#8217;s Bitcoin ETF Shift Could Strengthen BlackRock&#8217;s Market Position"},"content":{"rendered":"<div>\n<p>Nasdaq has taken a <a href=\"https:\/\/www.benzinga.com\/topic\/bitcoin-etf\">decision on Bitcoin ETFs<\/a>, particularly aimed at BlackRock&#8217;s<strong> iShares Bitcoin Trust<\/strong> (NASDAQ:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/IBIT#NASDAQ\">IBIT<\/a>), that may make existing and potential Bitcoin investors breathe a sigh of relief. On Jan. 24, in an SEC filing, the exchange proposed a rule change, seeking to introduce &#8220;in-kind&#8221; Bitcoin creation and redemption. This will offer a more efficient alternative to the current cash-based system.<\/p>\n<p>The proposed system lets authorized participants (APs) exchange ETF shares directly for Bitcoin instead of cash. This will allow cost-cutting and operational efficiency by avoiding the need to sell Bitcoin for cash.<\/p>\n<p>Although retail investors are not eligible to participate directly in in-kind redemptions, the streamlined process could enhance efficiency and potentially reduce overall costs, indirectly benefiting retail market participants.<\/p>\n<p><strong>See Also: <a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/25\/01\/43244653\/bitcoin-ethereum-solana-crash-heres-why-chinas-low-cost-ai-model-deepseek-may-be-to-blame\">Bitcoin, Ethereum, Solana Crash \u2014 Here\u2019s Why China\u2019s Low-Cost AI Model DeepSeek May &#8230;<\/a><\/strong><\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/etfs\/specialty-etfs\/25\/01\/43249653\/nasdaqs-bitcoin-etf-shift-could-strengthen-blackrocks-market-position\" alt=\"Nasdaq's\" bitcoin etf shift could strengthen blackrock market position>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Nasdaq has taken a decision on Bitcoin ETFs, particularly aimed at BlackRock&#8217;s iShares Bitcoin Trust (NASDAQ:IBIT), that may make existing and potential Bitcoin investors breathe a sigh of relief. On Jan. 24, in an SEC filing, the exchange proposed a rule change, seeking to introduce &#8220;in-kind&#8221; Bitcoin creation and redemption. This will offer a more [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-9953","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/9953","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=9953"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/9953\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=9953"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=9953"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=9953"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}