BlackRock was the first applicant to announce who will acquire the bitcoin on behalf of BlackRock, which is not legally allowed to purchase the cryptocurrency itself. The asset manager has teamed up with J.P. Morgan and quantitative trading firm Jane Street, a filing shows. Valkyrie has also named Jane Street in addition to Cantor Fitzgerald as AP, another filing shows. Many ETF issuers will likely have multiple authorized participants.
Bitcoin Is a Buy at $60,000 if Macro Forces BTC Lower, Says Trader
Bitcoin (BTC) threatened to cement new resistance into Sunday’s weekly close as traders focused on oil and gold.Key points:Bitcoin risks...
