Fun

BlackRock working with the SEC

lieutenantdan - 2023-11-29 21:27:42

BlackRock released its revised In-Kind mechanism for its ETF…


BlackRock is getting down to the finer points with the sEC.


After a meeting with the SEC, this was released:


image.png


(Source: https://twitter.com/BitcoinMagazine/status/1729966351119212712/photo/1)


This is as opposed to doing cash exchange.


The in-kind exchange is supposedly one of the sticking points with the SEC.


Most filed the other way and the SEC wants it to be in-kind.


Looks like BlackRock is working with them.