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The Nasdaq wants the US SEC to approve in-kind redemptions for BlackRock Bitcoin Trust

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Nasdaq Exchange wants the US SEC to approve in-kind redemptions for BlackRock Bitcoin ETF.

This filing comes following the change in the leadership of the SEC .

BlackRock remains the most successful Bitcoin ETF issuer since inception.

The proposed rule change from Nasdaq anchors on the provisions of Section 19(b)(1 ) of the Securities Exchange Act of 1934 .