
One step closer to official approval! BlackRock and Valkyrie confirm the authorized participants' information for the Bitcoin ETF in spot trading.

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BlackRock and Valkyrie Investments have designated broker-dealers as authorized participants for their physically-backed Bitcoin ETFs. This is a significant milestone in the competition to track the original cryptocurrency through ETFs. BlackRock has named Jane Street Capital and J.P. Morgan Securities as authorized participants for its proposed iShares Bitcoin Trust. Valkyrie has also hired Jane Street Capital and Cantor Fitzgerald & Co. for the same role, and may add additional authorized participants. This is an important step towards obtaining approval from US regulatory agencies.
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