A year after the launch of Sound Etf Bitcoin, Blackrock does not rest on his laurels. The financial giant pushes even further with a regulatory change request aimed at submitting “in kind” exchanges in its IBIT fund. This innovative model promises more fluid and economical transactions, reserved for authorized participants. An initiative that testifies to BlackRock’s desire to reshape the Crypto market.
Exchanges in kind: a major advance for Bitcoin ETF
Bitcoin news: Blackrock asked the dry, via Nasdaq, to allow “in kind” redesign For his Etf Bitcoin Ibit. This mechanism aims at simplify transactions Between the fund and the authorized participants (AP), such as major financial institutions.
Concretely, the latter will be able to Exchanging Bitcoins directly for the shares of the ETFwithout going through conversions in cash.
Why is it so revolutionary? Currently, redesign often involve high costs, such as purchasing and sales spreats or broker commissions. With The model in kindthese costs disappear.
According to James Seyffart, ETF analyst:
« This improves the effectiveness of transactions while reducing friction. »
There are many profits:
- Cost reduction : fewer intermediaries means fewer costs;
- Increased transparency : Bitcoin movements become traceable on the blockchain;
- Tax efficiency : capital gains are optimized for institutional investors.
However, this flexibility remains inaccessible to individuals. Martyparty, Crypto analyst, recalls:
« Exchanges in kind only concern big players. Small investors will have to settle for the old model. »
Blackrock dominates the Crypto Etf market with Ibit
Since its launch in January 2024, ETF Bitcoin Ibit from Blackrock has attracted Almost $ 40 billion in influxan absolute record for a product of this type. This massive craze illustrates the confidence of institutional investors in cryptos despite market turbulence.
-While Blackrock refines his strategies, other actors seek to win. Coinshares recently filed requests for ETF based on Litecoin and XRP, while Grayscale multiplies initiatives with products dedicated to Solana and Ethereum.
But the ETF giant remains in the lead thanks to its capacity for innovation.
For Chris J. Terry, expert in financial strategies, this advance is a ” real boon for the liquidity of ETFs ». By optimizing exchanges, BlackRock makes its products more attractive for large investors while consolidating its domination on the market.
In addition, this dynamic highlights a paradigm shift in the crypto sector. Traditional institutions, formerly reluctant, now adopt daring strategies for meet growing demand.
With ETF Bitcoin Ibit, Blackrock is not content to follow the trend: he redefines it.
Ultimately, the ETF Bitcoin Ibit from BlackRock marks a key step in the history of ETFs. After more than a decade of waiting, the SEC validated a product that is experiencing record growth. A revolution for the ETF market and an advance for Bitcoin.
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Meatage::
The Blockchain and Crypto revolution is underway! And the day when the impacts will be felt on the most vulnerable economy of this world, against all hope, I would say that I was there for something
