BlackRock has made improvements to its iShares Bitcoin Trust ETF by changing custody of the fund to Coinbase. This change allows for faster and more flexible withdrawals, addressing operational issues and increasing confidence in the product's functionality. The amendment aligns the ETF structure with the needs of institutional investors and gives investors more control over their assets. Additionally, BlackRock and Coinbase have dismissed allegations that their funds were not invested in actual Bitcoin, stating that all operations are done in a transparent manner.



Other News from Today