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BlackRock, Valkyrie Name Authorized Participants Including JPMorgan for Bitcoin ETF

by Index Investing News
December 29, 2023
in Cryptocurrency
Reading Time: 1 min read
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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.



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