Jane

Bitcoin ETF

Bitcoin

Spot

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 <p>BlackRock officially named <a rel="noopener noreferrer nofollow" title="JPMorgan" href="https://thebittimes.com/tag/jpmorgan.html">JPMorgan</a> as an authorized participant for its pending Spot Bitcoin ETF. Upon any approval by the SEC, <a rel="noopener noreferrer nofollow" title="JPMorgan" href="https://thebittimes.com/tag/jpmorgan.html">JPMorgan</a> Securities and Jane Street Capital will be among the first financial firms to begin working with Bitcoin shares for investments.</p>
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    <p lang="en" dir="ltr">JUST IN: BlackRock names <a rel="noopener noreferrer nofollow" title="JPMorgan" href="https://thebittimes.com/tag/jpmorgan.html">JPMorgan</a> as an authorized participant for its Spot #Bitcoin ETF.</p>— Watcher.Guru (@WatcherGuru) December 29, 2023
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 <p><strong>Also Read: Chainlink: Pink Drainer’s $4.4M Crypto Raid Sparks Industry Alarm</strong></p>
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 <p>In the latest amendment to its S-1, BlackRock brought itself to the starting gates for the Spot Bitcoin ETF race. Investors have long pursued a spot BTC ETF in the US. The Securities and Exchange Commission, fortunately, is expected to approve the first one as soon as January 2024.</p>
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 <p>The SEC has long pushed back its decision on Bitcoin ETF approval in the US, citing multiple concerns. However, US courts have put pressure on the regulator to make a decision, raising the hype around the entire crypto market, specifically Bitcoin</p>
 <p><strong>Also Read: Spot Bitcoin ETF To Increase Institutional Funding: Goldman Sachs</strong></p>
 <p>BlackRock itself has met with the SEC several times in the past months, applying more pressure for Bitcoin ETF approval. Back in October, BlackRock became the first Wall Street firm to utilize <a rel="noopener noreferrer nofollow" title="JPMorgan" href="https://thebittimes.com/tag/jpmorgan.html">JPMorgan</a>’s blockchain-based collateral settlement system. With this existing relationship with BlackRock, <a rel="noopener noreferrer nofollow" title="JPMorgan" href="https://thebittimes.com/tag/jpmorgan.html">JPMorgan</a> will likely be one of the first bank choices to implement Bitcoin ETFs in everyday banking with its clients.</p>
 <p>At press time, Bitcoin is trading at $42,065.54. It is down in the last 24 hours, but following the BlackRock and <a rel="noopener noreferrer nofollow" title="JPMorgan" href="https://thebittimes.com/tag/jpmorgan.html">JPMorgan</a> news, BTC price saw a slight recovery back over $42,000 after being as low as $41,800 just hours earlier.</p>
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<div class="cs-entry__tags">
 <ul>
  <li>bitcoin</li>
  <li>Blackrock</li>
  <li>JPMorgan</li>
  <li>spot bitcoin etf</li>
 </ul>
</div>
<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/blackrock-authorizes-jpmorgan-as-a-participant-for-bitcoin-etf-tbt75136.html">https://thebittimes.com/blackrock-authorizes-jpmorgan-as-a-participant-for-bitcoin-etf-tbt75136.html</a></p>

BlackRock Authorizes JPMorgan as a Participant For Bitcoin ETF

TheBitTimes

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