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.
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