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BlackRock demands 12-hour BTC withdrawals from Coinbase
BlackRock Demands Coinbase Process Bitcoin ETF Withdrawals Within 12 Hours Amid Concerns Over Custody Practices
Trillion-dollar asset manager BlackRock has filed an amendment for its spot Bitcoin ETF (exchange-traded fund) demanding Coinbase process BTC withdrawals for its fund within 12 hours amid growing concerns over the exchange’s on-chain settlement practices.
BlackRock demands 12-hour BTC withdrawals from Coinbase amid rising rumors of paper BTC
BlackRock has put forward an amendment for its BTC ETF fund because of concerns of investors about the on-chain settlement practices of Coinbase.
BlackRock Bitcoin ETF demands 12-hour BTC withdrawals from Coinbase
The world’s largest asset manager has filed for an amendment for its Bitcoin exchange-traded fund (ETF) following widespread investor concerns over Coinbase’s onchain settlement practices. BlackRock has filed an amendment to require Bitcoin (BTC) withdrawals within 12 hours from the ETF’s custodian,
BlackRock Files Amendment for IBIT Amid Coinbase ETF Custodial Concerns
BlackRock files an amendment for its Bitcoin ETF, addressing Coinbase's custodial concerns, while CEO Armstrong defends on-chain practices.
Investor Concerns Drive BlackRock’s Demand for Faster Coinbase Withdrawals
BlackRock has amended its agreement with Coinbase, requiring Bitcoin withdrawals to be processed within 12 hours for transparency.
NewsBriefs - BlackRock demands 12-hour Bitcoin withdrawals from Coinbase for ETF
BlackRock filed an amendment for its Bitcoin ETF, requiring Coinbase to process withdrawals within 12 hours. This follows investor concerns
BlackRock Bitcoin ETF Options to Set Stage for GameStop-Like 'Gamma Squeeze' Rally, Bitwise Predicts
Last week, the U.S. Securities and Exchange Commission's (SEC) approved the list of of physically settled options tied to BlackRock's spot Bitcoin ETF, the iShares Bitcoin Trust (IBIT).
A ‘Huge’ BlackRock Bitcoin ETF Price ‘Surprise’ Is Suddenly About To Hit
The world's largest asset manager BlackRock has warned "growing concerns" around the spiraling $35 trillion U.S. debt pile that's predicted to drive "institutional interest in
Crypto Briefing
1h
Bny Mellon’s crypto custody move could disrupt Coinbase’s ETF dominance
BNY Mellon to provide Bitcoin and Ether custody for ETFs, challenging Coinbase's market lead in a significant regulatory ...
Crypto News Flash
9d
Is Coinbase Giving IOUs to BlackRock and Suppressing the BTC Price? Shocking Report
There is no real evidence supporting claims that Coinbase facilitated market manipulation with BlackRock. Rumors have ...
CoinDesk on MSN
7d
Brian Armstrong, ETF Experts Shoot Down 'Paper Bitcoin' Rumors
Some online chatter has suggested Coinbase is issuing bitcoin IOUs to BlackRock, which ultimately was manipulating the price ...
6d
Coinbase Is The New Payment King
Coinbase faces significant volatility and regulatory challenges, with potential impacts from the upcoming election. Read why ...
FXStreet
1d
Crypto Today: Ethereum outperforms Bitcoin and XRP as BlackRock files to reduce Bitcoin ETF withdrawal time
The amended filing required its custodian,
Coinbase
, to process BTC withdrawals to a public blockchain address within 12 ...
Bloomberg on MSN
1h
Crypto ETF Custody in Focus
Bank of New York Mellon Corp. is moving closer to rolling out custody services for the Bitcoin and Ether held by ETF clients ...
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