TLDR Crypto · MARKETS & BUSINESS
BLACKROCK, VALKYRIE NAME AUTHORIZED PARTICIPANTS INCLUDING JPMORGAN FOR BITCOIN ETF
Summary from the TLDR Crypto newsletter
BlackRock and Valkyrie, two spot Bitcoin ETF applicants, recently announced the authorized participants for their ETFs. BlackRock has chosen Jane Street and J.P. Morgan, whereas Valkyrie will use Jane Street and Cantor Fitzgerald. The selections caused a bit of a buzz due to J.P. Morgan CEO Jamie Dimon's recent public opposition to crypto.