Does Blackrock's spot bitcoin ETF include cash redemptions?
Could you please clarify for me if BlackRock's spot bitcoin ETF incorporates the mechanism of cash redemptions? I'm particularly interested in understanding how investors might be able to redeem their holdings in this ETF for cash, if such an option is available. Could you elaborate on the redemption process and whether it involves any specific conditions or restrictions? Additionally, would you also be able to provide any insights into the potential advantages or disadvantages of having cash redemptions included in a bitcoin ETF? Thank you for your assistance in addressing these questions.