BlackRock的比特币ETF（IBIT）提交了SEC申请，以允许BTC实行转移，从而简化了授权参与者的过程

在提交美国证券交易委员会提交的文件中，纳斯达克代表贝莱德（BlackRock）提议修改Ishares比特币（BTC）信托基金的初步提案中提出的某些条件，该条件“允许对信托比特币进行实物转让”。

Nasdaq has submitted a filing to the U.S. Securities and Exchange Commission (SEC) to simplify the process for authorized participants to exchange Bitcoin ETF shares for underlying assets, such as Bitcoin. This move is expected to enhance the efficiency of ETF trading and benefit investors.

纳斯达克已向美国证券交易委员会（SEC）提交了提交文件，以简化授权参与者以将比特币ETF股票（例如比特币）交换的流程。这一举动有望提高ETF交易的效率并使投资者受益。

Nasdaq, on behalf of BlackRock, has proposed an amendment to certain conditions in the initial proposal for the iShares Bitcoin (BTC) Trust (NYSE:IBIT) to "allow for in-kind transfers of the Trust's Bitcoin."

纳斯达克代表贝莱德（BlackRock）提出了对iShares比特币（BTC）信托（NYSE：IBIT）的初步提案中某些条件的修正案，以“允许对信托比特币进行实现转移”。

According to the filing, the proposed in-kind transfer process will serve as an alternative to the Trust's current cash creation and redemption process.

根据文件，拟议的实物转移过程将作为信托当前现金创造和赎回过程的替代方案。

"The Trust will be permitted to engage in in-kind creations and redemptions of the Trust's وحدات الاستثمار المتداولة in large-籃 كرة السلة وحدات الاستثمار المتداولة creations and redemptions, subject to the conditions set forth below," Nasdaq wrote in the document.

Q在医生中写道：“信托基金将对在大型篮球议会创造和赎回中对信托投资单位的实物创造和赎回，受到下面设定的堡垒的影响。”

If the amendment is approved, then IBIT investors that fall under the category of Authorized Participants will be able to exchange ETF shares for underlying assets instead of cash. These underlying assets can also include Bitcoin among others. Authorized participants are typically large corporations, not individual shareholders. In-kind redemption helps to maintain the ETF's liquidity as it simplifies the process.

如果修正案获得批准，则属于授权参与者类别的IBIT投资者将能够将ETF股票交换为基础资产而不是现金。这些基本资产也可以包括比特币。授权参与者通常是大公司，而不是个人股东。实物赎回有助于维持ETF的流动性，因为它简化了过程。

Bloomberg ETF analyst James Seyffart explained in a recent post that the process of trading ETFs will become more efficient because it is "way more streamlined with less steps and less parties involved." He also takes a jab at the SEC when it operated under Gary Gensler for enforcing on-cash redemptions due to regulatory preferences.

彭博ETF分析师詹姆斯·塞法特（James Seyffart）在最近的一篇文章中解释说，交易ETF的过程将变得更加有效，因为它“以较少的步骤和少于涉及的政党更加精简”。当它在加里·盖斯勒（Gary Gensler）的带领下运作时，他还在SEC戳了一个戳刺，以实施由于监管偏好而进行现金赎回。

"In my opinion the ETFs should have been allowed to do this from the get-go but the Dem [Democratic] SEC commissioners were against it," Seyffart added.

Seyffart补充说：“在我看来，应该允许ETF从一开始就可以做到这一点，但是DEM [民主] SEC专员反对它。”

While this change may not be particularly impactful for individual investors, it does stand to benefit IBIT's investors a great deal. Aside from liquidity, Bitseeker Consulting chief architect Chris J. Terry said that in-kind redemptions can play a major role in tax efficiency.

尽管这种变化可能对个人投资者的影响并不特别影响，但确实可以使IBIT投资者受益匪浅。除流动性外，Bitseeker咨询公司首席建筑师Chris J. Terry表示，实物赎回可以在税收效率中发挥重要作用。

"In-kind redemptions can be used to minimize capital gains distributions from ETFs, which can benefit long-term investors," Terry noted.

特里指出：“实物兑换可用于最大程度地减少ETF的资本收益分配，这可以使长期投资者受益。”

As previously reported by crypto.news, BlackRock's IBIT ETF emerged on top out of the 12 Bitcoin ETFs with net inflows of $661.9 million on the first business day of Trump's presidency. However, it has experienced a slowdown in inflows throughout the past week.

正如Crypto.news先前报道的那样，BlackRock的IBIT ETF在12个比特币ETF中出现了，在特朗普总统任期的第一营业日，净流入净额为6.619亿美元。但是，在过去一周中，流入量的放缓。

On Jan. 22, BlackRock's IBIT added 6,470 BTC to its holdings, bringing the total to 563,134 BTC. BlackRock's IBIT Bitcoin holdings are currently valued at $55.6 billion, based on current market prices.

1月22日，BlackRock的IBIT在其持股中增加了6,470 BTC，使总数达到563,134 BTC。根据当前的市场价格，贝莱德的IBIT比特币持有目前的价值为556亿美元。