Nasdaq

Nasdaq has proposed a new system for BlackRock's iShares Bitcoin ETF, allowing institutional investors to redeem shares directly for bitcoin instead of cash. This innovative model aims to streamline operations, cut costs, and reduce market impact, marking a significant step forward in the evolution of Bitcoin ETFs.

The official announcement will likely come this Friday, says Bloomberg.

Nasdaq partners with CF Benchmarks to introduce Bitcoin Index Options, enhancing risk management tools and liquidity in the crypto market, pending SEC approval.

The Nasdaq also filed an amendment for Valkyrie's spot Bitcoin ETF as well.

The SEC is set to convene in crucial meetings with major stock exchanges to finalize comments regarding the potential approval of Spot Bitcoin ETFs.

The exchange giant is joining Fidelity and BNY Mellon in the pursuit of their own cryptocurrency custody platform.

The exchange is set to enter the crowded market of institutional bitcoin custody as it aims to become a service provider in the cryptocurrency space.

Bitcoin Depot is set to list on the Nasdaq under ticker symbol ‘BTM’ by Q1 2023 through an $855 million SPAC deal.

Bitcoin decoupled from the Nasdaq to denote a 2.7% gain as U.S. inflation numbers recorded a new 40-year high.

In a survey featuring 500 financial advisors, 72% want to invest more heavily in the ecosystem.