In a significant development for the cryptocurrency market, BlackRock, the world’s largest asset manager, has amended its Bitcoin exchange-traded fund (ETF) to require on-chain withdrawals to be processed within 12 hours by Coinbase Exchange, the fund’s custodian. This move comes amid heightened investor concerns over the transparency and efficiency of on-chain settlement practices. The amendment, [...]The post BlackRock’s New 12-Hour Withdrawal Requirement for Bitcoin ETF appeared first on Tekedia.
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