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Coinbase Customers Are About to Lose Their Minds When They Realize Blackrock’s New Bitcoin Etf Comes With a Ridiculous 12-Hour Wait for Withdrawals

News Linda Williams September 23, 2024

A of a person frantically trying to withdraw money from an ATM with the screen displaying '12 hour wait' and coins spilling out as they try to grab them

The Great BTC Heist – Where’s My Coin?.

Source: cointelegraph

BlackRock Bitcoin ETF demands 12-hour BTC withdrawals from Coinbase
https://cointelegraph.com/news/blackrock-bitcoin-etf-amendment-coinbase
The world’s largest asset manager has filed for an amendment for its Bitcoin exchange-traded fund (ETF) following widespread investor concerns over Coinbase’s onchain settlement practices. BlackRock has filed an amendment to require Bitcoin (BTC) withdrawals within 12 hours from the ETF’s custodian, Coinbase, according to a Sept. 16 filing with the Securities and Exchange Commission (SEC). BlackRock wrote in the filing: BlackRock ETF amendment. Source: sec.gov BlackRock’s new amendment follows […]

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About the author

Linda Williams

Linda’s venture into cryptocurrency ended in a gut-wrenching disaster when she lost her private keys due to a ridiculous mishap involving coffee and a particularly reckless cat. With her funds locked away forever, Linda now pours her frustration into writing biting critiques of crypto’s absurdities, dripping with sarcasm. Her tagline? “I lost my private keys and my sanity. Crypto promised freedom, but all it gave me was a lifetime of regret.”

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Disclaimer

The content presented on this site is intended solely for entertainment purposes and should not be taken as factual or reliable information. This site employs satire and humor to discuss global news, current events, finance, and cryptocurrency. The views expressed here are not meant to be taken seriously and do not represent the opinions of any individuals, organizations, or entities discussed.

Please be aware that the content may be exaggerated, fictionalized, or otherwise altered to create a comedic effect. It is not intended to provide financial advice, make accurate predictions, or offer any serious commentary on current events or financial markets.

Readers are encouraged to verify any claims or statements with credible sources and should not make any decisions based on the information provided here. This blog is not responsible for any actions taken based on its content. Always consult a qualified professional before making any financial or investment decisions.

Please do not hesitate to contact us if you have any questions or concerns.

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