BlackRock's Bitcoin ETF Now Invites Participation From Wall Street Banks

A change to the structure of proposed spot bitcoin ETFs would enable authorized participants (APs) to create new shares in the fund with cash, rather than only with cryptocurrency, essentially opening the door to banks who cannot hold crypto directly. source: https://www.coindesk.com/business/2023/12/12/blackrocks-bitcoin-etf-now-invites-participation-from-wall-street-banks/?utm_medium=referral&utm_source=rss&utm_campaign=headlines