BlackRock and iShares are making changes to the board of directors of their $IBIT, presently the most actively traded spot Bitcoin ETF by volume. Lindsey Haswell, Chief Legal and Administrative Officer at MoonPay, a Web3 payment infrastructure firm, has been appointed to the board. She will replace financier Kimun Lee, who will step down effective November 6, 2024.
Before joining MoonPay, Haswell held the same position at Blockchain.com. Additionally, she served as a founding member of Core blockchain and contributed to Core Dao. Core is a Layer-1 blockchain that offers Ethereum Virtual Machine-compatible smart contracts, secured in part by Bitcoin’s proof-of-work consensus mechanism.
$IBIT, managed by BlackRock, ranks as the second-largest spot Bitcoin ETF by assets under management, and the largest excluding Grayscale’s GBTC.
$IBIT stands out as the most traded spot Bitcoin ETF, with its trading volume frequently surpassing the combined volume of all other funds in recent weeks.
