BlackRock meets with SEC again to discuss ETF, shows off revised mock-up design

Odaily News Bloomberg analyst Eric Balchunas said on the Version physical delivery model design. In the original and revised physical delivery models, step 4 has changed, that is, the overseas physical market maker obtains Bitcoin from Coinbase and then pays it in cash in advance to a broker registered in the United States (these brokers are not allowed to exposure to Bitcoin).