Crypto Token Tracker logo Crypto Token Tracker logo
Cryptopolitan 2023-12-22 12:02:29

BlackRock takes bold step in Bitcoin ETF race with new broker

BlackRock, the world’s largest asset manager, is making headway with its Bitcoin exchange-traded fund (ETF). Recent reports reveal that the company has introduced a novel element in its ETF structure by appointing a ‘Prime Execution Agent.’ This agent, a third-party broker, will be responsible for buying and selling Bitcoin on behalf of BlackRock’s fund. This

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.