SEC’s SAB 121 Rollback Clears Path For BlackRock In-Kind Bitcoin ETF Model

The U.S. Securities and Exchange Commission (SEC) rolled back SAB 121 earlier this week, clearing the path for a more efficient operational model for Bitcoin exchange-traded funds (ETFs). Nasdaq filed a proposal with the SEC on January 24, 2025, requesting approval for BlackRock’s iShares Bitcoin ETF (IBIT) to adopt an in-kind creation and redemption model. […] The post SEC’s SAB 121 Rollback... source: https://www.thecoinrepublic.com/2025/01/26/secs-sab-121-rollback-clears-path-for-blackrock-in-kind-bitcoin-etf-model/