A Bloomberg ETF analyst has shared that BlackRock, the largest asset manager globally, has made changes to its Bitcoin ETF. The company has added several new authorized participants to its BTC ETF, including financial giants like Goldman Sachs, Citadel, UBS, and Citigroup. The analyst sees this move as a sign that major companies are now interested in being a part of the cryptocurrency world.
BlackRock Updates Bitcoin ETF with New Authorized Participants, Says Bloomberg Analyst
by Giorgi Kostiuk
2 years ago
0
Other news
Howells Warns Against Leverage Trading for New Crypto Investors
James Howells warns newcomers to avoid leverage trading due to its high risks.
SBI Group to Launch USDC-Based Cashless Payment Pilot in Japan
SBI Group is set to pilot a new cashless payment system in Japan utilizing USDC, focusing on in-store payments via QR codes.
Remittix RTX Activates Live Settlement Execution Layer
Remittix RTX has launched its live settlement execution layer, marking a significant transition from development to active testing of its PaymentFi infrastructure.
Remittix Continues to Focus on Multiroute Transfer Architecture
Remittix RTX focuses on multiroute transfer architecture to enhance reliability and adapt to liquidity variations during live testing.
Increased Utility of XRP Ledger
Coach JV discussed the growing use of the XRP Ledger as financial infrastructure by institutions, highlighting its potential for retail adoption.
Institutional Interest in XRP Grows
Coach JV highlighted insights from industry leaders on XRP's appeal to financial advisors, noting its long track record and use cases that make it a desirable asset for institutions.
Be the first to know about crypto news every day
Get crypto analysis, news and updates right to your inbox! Sign up here so you don’t miss a single newsletter