BlackRock demands 12-hour BTC withdrawals from Coinbase
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,
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.
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
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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.