Uge if true
Will have to see when someone attempts to redeem
Discussion
What does this even mean. You own shares and can sell them for bitcoin?
Yes. You can already redeem the shares for exact equivalent cash, instead you could withdraw the Bitcoin equivalent.
In theory, when someone sells, they have to or at least want to unload that owned Bitcoin anyway, it may be easier in the long run and gain more wtf bilusiness for them to just send the Bitcoin. Not sure, as I don't work for blackrock, haha
You own ETF shares,
When you want to exit the ETF (sale would be traditional), you'll be able give Blackrock a addr and receive a UTXO
wonder if that could be cheaper than buying KYC spot through an exchange