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.
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.
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
BlackRock's Bitcoin ETF now demands 12-hour onchain withdrawals from Coinbase, following investor concerns about its custodial practices that could suppress BTC price.
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
Coinbase CEO denies rumors of selling ‘paper Bitcoin’ to BlackRock
Coinbase defended itself against allegations made on September 14 regarding the lack of transparency in its ETF custody and cbBTC offerings. According to Bitcoin OG Tyler Durden, a scan through the blockchain public ledger revealed that Coinbase was writing IOUs for Blackrock,
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
Bitcoin (BTC) Ends Winning Streak as BlackRock’s New Withdrawal Policy Surfaces
Bitcoin declines as BlackRock’s new BTC withdrawal policy fuels ETF market debate. US economic data and SEC scrutiny add pressure on BTC prices.
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Tron Founder Condemns Lack of Proof-of-Reserve From Coinbase Amid BlackRock Controversy
Tron Founder Justin Sun has stressed the need for Coinbase to adopt a Proof-of-Reserve (PoR) for better transparency.
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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 ...
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Cryptocurrency Correlation With S&P 500 Rises; Riot Ends Bitfarms Acquisition; BlackRock Alters IBIT
Correlation between cryptocurrencies and the S&P 500 increases The correlation between cryptocurrencies and the S&P 500 ...
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Brian Armstrong, ETF Experts Shoot Down 'Paper Bitcoin' Rumors
Rumors alleging Coinbase (COIN) of issuing bitcoin IOUs to BlackRock were quickly shut down by industry experts as well as ...