BlackRock has once again submitted a revised filing for a Bitcoin spot ETF, with the trading code "IBIT"
According to The Block, BlackRock's proposed Bitcoin spot ETF has been given the trading code "IBIT", according to a revised S-1 file submitted to the U.S. Securities and Exchange Commission (SEC) on Monday. The updated document also includes new wording about cash redemption versus physical redemption models, which was a topic of recent discussions between BlackRock and SEC officials.
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Data: Long-term holders collectively own 14.35 million BTC, accounting for approximately 68.3% of the total supply.
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MoreAnalysis: Bitcoin options with a notional value of approximately $23.8 billions will expire on December 26, potentially leading to concentrated liquidation and repricing of risk exposure at year-end.
Data: Long-term holders collectively own 14.35 million BTC, accounting for approximately 68.3% of the total supply.
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