Trillion-dollar asset manager BlackRock has filed an amendment for its spot Bitcoin ETF (exchange-traded fund) demanding Coinbase process BTC withdrawals for its fund within 12 hours amid growing concerns over the exchange’s on-chain settlement practices.

The world’s largest asset manager has filed for an amendment for its Bitcoin exchange-traded fund (ETF) following widespread investor concerns over Coinbase’s onchain settlement practices. BlackRock has filed an amendment to require Bitcoin (BTC) withdrawals within 12 hours from the ETF’s custodian,

BlackRock has amended its agreement with Coinbase, requiring Bitcoin withdrawals to be processed within 12 hours for transparency.

BlackRock has put forward an amendment for its BTC ETF fund because of concerns of investors about the on-chain settlement practices of Coinbase.

The SEC has approved options trading for BlackRock's Bitcoin ETF on Nasdaq, expanding cryptocurrency-linked financial products

BlackRock filed an amendment for its Bitcoin ETF, requiring Coinbase to process withdrawals within 12 hours. This follows investor concerns

The world's largest asset manager BlackRock has warned "growing concerns" around the spiraling $35 trillion U.S. debt pile that's predicted to drive "institutional interest in

Last week, the U.S. Securities and Exchange Commission's (SEC) approved the list of of physically settled options tied to BlackRock's spot Bitcoin ETF, the iShares Bitcoin Trust (IBIT).