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BlackRock’s Bitcoin ETF IBIT Updates Custody Terms with Coinbase for Faster Withdrawals

On September 23, COINOTAG reported that HODL15Capital referenced SEC documents, which indicate that BlackRock’s Bitcoin ETF IBIT has updated its custody agreement with Coinbase. This modification mandates that withdrawals be finalized within a 12-hour window. These changes underscore BlackRock’s proactive measures to address recent allegations, fortify its operational framework, and enhance liquidity.

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