BlackRock chooses to appoint a primary executing agent to handle the purchase and sale of Bitcoin ETFs
According to documents disclosed by Bitcoin News, BlackRock has chosen a primary execution agent (PEA) to handle the bitcoin purchases and sales for its upcoming ETF. Bloomberg analyst James Seyffart stated that the U.S. Securities and Exchange Commission (SEC) may not accept primary execution agents 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
Metaplanet raises $50 million by collateralizing bitcoin to purchase more bitcoin
Glassnode: Short-term holders bore most of the losses during this BTC correction
Matrixport: Bitcoin's current rebound is more reflected in position structure rather than price itself
Trending news
MoreCrypto prices
More
