Nasdaq Resubmits Updated Application for iShares Bitcoin Trust with a Surveillance-Sharing Agreement
In Brief
- Nasdaq resubmits an updated application for the iShares Bitcoin Trust, including a surveillance-sharing agreement with Coinbase.
- The update comes after SEC's remarks that previous Spot Bitcoin ETF applications were not "clear and comprehensive".
- Although the market anticipates SEC's green light for Spot Bitcoin ETFs, rejection is still possible due to past refusals and market manipulation concerns.