BlackRock chooses to appoint primary execution agent to handle ETF’s Bitcoin purchases and sales
According to Bitcoin News, documents reveal that BlackRock has chosen a primary execution agent (PEA) to handle the buying and selling of Bitcoin for its upcoming ETF. Bloomberg analyst James Seyffart suggests that the US Securities and Exchange Commission (SEC) may not accept a PEA purchasing Bitcoin in cash mode.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
US State of Arizona Creates Bitcoin Reserve Fund With Abandoned Digital Assets
Popcat Surges 105% in Solana’s Memecoin Revival
Sweat Economy Unveils AI Agents for Move-to-Earn Platform
Sei Blockchain Proposes Shift to EVM-Based System
Trending news
MoreCrypto prices
More
