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Nasdaq Submits Application to SEC for "Creation or Redemption of BlackRock iBonds ETFs in Kind"

BlockBeats News, January 25th, Nasdaq has submitted a proposed rule change to the U.S. Securities and Exchange Commission (SEC) to allow for in-kind creation and redemption on the Bitwise iShares Bitcoin Trust (IBIT).

BlockBeats Note: When Bitcoin spot ETFs pass in January 2024, they will only allow creation or redemption through cash, meaning settlement will only be done in cash for purchases and sales.

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On-Chain Activity

2h ago

A whale suffered 4 BTC long liquidations within 33 minutes, with cumulative losses of $972,700.

5h ago

Hyperliquid's NVIDIA 24-hour contract trading volume surged to $1.5 billion, with a long-short ratio of 4.47:1.

7h ago

Anthropic's largest on-chain short position continues to increase, with a $70.5 million short position showing a floating profit of $1.41 million.

7h ago

A certain whale closed a $190 million long position in Nvidia, incurring a loss of $2.45 million.

24H Important News

2026-11-13

A whale suffered 4 BTC long liquidations within 33 minutes, with cumulative losses of $972,700.

Nvidia faces U.S. Department of Justice antitrust investigation, with no indications currently that Jensen Huang will face criminal charges.

US media: Nvidia's interim CEO is not the driving force behind the company's major decisions.

Jensen Huang has agreed to testify before the U.S. Congress.

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