🚀 BlackRock's Bitcoin ETF: New Rules, Same Fun! 🚀

- BlackRock, the world's largest asset manager, just filed an amendment for its Bitcoin ETF, demanding Coinbase process BTC withdrawals within 12 hours. ⏰

- This move comes after investors voiced concerns over Coinbase's onchain settlement practices.

- Coinbase CEO Brian Armstrong assures all transactions are settled onchain, despite not sharing all ETF addresses publicly.

- Analysts believe native Bitcoin holders, not ETFs, are behind BTC's recent price slump.

- Despite the drama, Bitcoin ETFs have amassed over $59.2 billion in onchain holdings since January. 💸

Stay tuned for more crypto capers!