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An ETF generally requires a redemption mechanism. In the case of the BlackRock ETF it’s in the application. “Baskets may be created or redeemed only by Authori
by jyap 3y ago
An ETF generally requires a redemption mechanism.
In the case of the BlackRock ETF it’s in the application. “Baskets may be created or redeemed only by Authorized Participants who pay BlackRock Investments, LLC”.
No you can’t personally physically redeem the Bitcoin yourself. That’s not the purpose and use of this ETF.