BlackRock Expands AP Network to Support Bitcoin ETF with Key Players: Goldman Sachs, Citadel, Citigroup

Friday, 5 April 2024, 12:17
BlackRock has recently appointed five new Authorized Participants (APs) to facilitate the Bitcoin Exchange-Traded Fund (ETF) process. Among the notable additions are financial giants like Goldman Sachs, Citadel, and Citigroup. This move signifies a strategic partnership between BlackRock and leading industry players, enhancing the accessibility and liquidity of the Bitcoin ETF in the market.
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BlackRock Expands AP Network to Support Bitcoin ETF with Key Players: Goldman Sachs, Citadel, Citigroup

New Authorized Participants for Bitcoin ETF

BlackRock has announced the addition of five new Authorized Participants (APs) to enhance the Bitcoin ETF process.

Key Players Involved

  • Goldman Sachs
  • Citadel
  • Citigroup

This strategic move aims to improve accessibility and liquidity in the market for the Bitcoin ETF.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

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