BlackRock Bitcoin ETF Application Refiled, Naming Coinbase as ‘Surveillance-Sharing’ Partner

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Refiled application by Nasdaq to list BlackRock bitcoin ETF comes after SEC reportedly deemed earlier proposals 'inadequate' since they didn’t name the underlying market in so-called surveillance-sharing agreements $BTC LizKNapolitano reports

The Nasdaq exchange has refiled its application to list BlackRock's proposed bitcoin exchange-traded fund, joining rivals in naming the U.S. exchange Coinbase as the market that will be monitored in a so-called surveillance-sharing agreement.

Several other pending applications, including one on behalf of BlackRock's money-management rival, Fidelity, have since been updated to name Coinbase as the partner for the surveillance-sharing agreements.

 

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