• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

BlackRock Revises Bitcoin ETF Due to Concerns About Coinbase Methods

user avatar

by Giorgi Kostiuk

a year ago

  1. Investor Concerns
  2. Updates from BlackRock
  3. Coinbase's Role in the Market


    4. BlackRock, the global asset management firm, has submitted an update for its Bitcoin ETF (IBIT) in response to apprehensions regarding Coinbase's custodial methods.

    Investor Concerns

    Investors have expressed concerns regarding the transparency of Coinbase's management of Bitcoin, leading to requests for on-chain verification that all ETF-related transactions are accurately resolved.

    Updates from BlackRock

    BlackRock demanded that Bitcoin withdrawals from Coinbase be executed within 12 hours, citing apprehensions around the utilization of "paper BTC" or Bitcoin IOUs. Coinbase CEO Brian Armstrong informed investors that all ETF-related transactions are executed on-chain within one business day. BlackRock's plan to amend its ETF framework seeks to improve liquidity and increase operational transparency.

    Coinbase's Role in the Market

    Notwithstanding substantial inflows into Bitcoin ETFs, Bitcoin's price has stayed unchanged, prompting speculation that Coinbase may be conducting ETF-related Bitcoin transactions off-chain, so influencing the price. Nonetheless, Armstrong and other industry leaders have emphasized that all transactions are conducted transparently on-chain. Coinbase continues to be a significant participant in institutional Bitcoin investing, commanding a considerable share of the US spot trading market.

    Despite concerns regarding Coinbase's methods, the company remains a key player in institutional Bitcoin investing.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Private Equity Activity Remains Sluggish Amid M&A Boom

chest

Private equity saw a slower rise in activity, with a 25% increase in total deals, reaching $889 billion in 2025. The sector struggled with asset sales, but notable buyouts, including a $5.5 billion takeover of Electronic Arts led by Saudi Arabia's Public Investment Fund, occurred.

user avatarRajesh Kumar

Major Megadeals Shape Entertainment and Transport Sectors

chest

The two largest M&A deals of the year involved Netflix and Paramount in the entertainment sector, as they compete to acquire Warner Bros Discovery. In the transport sector, Union Pacific and Norfolk Southern are merging to create a $250 billion railroad empire.

user avatarLucas Weissmann

Record Surge in Global M&A Activity in 2025

chest

Global mergers and acquisitions reached a record $4.5 trillion in 2025, marking the highest annual total since 2021.

user avatarFilippo Romano

Bitmain Cuts Prices on Mining Equipment as Industry Faces Turmoil

chest

Bitmain has announced significant price cuts on its mining equipment, including the S19 and S21 series, as the cryptocurrency mining sector faces severe profit margin challenges.

user avatarEmily Carter

Bitcoin Price Drops Amid Volatility

chest

Bitcoin's price fell to an intraday low of 86,673 amid extreme volatility, raising concerns about a potential market correction.

user avatarTomas Novak

USELESS Cryptocurrency Market Cap Reaches 63 Million

chest

USELESS cryptocurrency has achieved a market cap of approximately 63 million, reflecting a surge over the holiday period.

user avatarKaterina Papadopoulou

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.