BlackRock chooses to appoint a primary executing agent to handle the purchase and sale of Bitcoin ETFs
According to documents disclosed by Bitcoin News, BlackRock has chosen a primary execution agent (PEA) to handle the bitcoin purchases and sales for its upcoming ETF. Bloomberg analyst James Seyffart stated that the U.S. Securities and Exchange Commission (SEC) may not accept primary execution agents 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.
You may also like
HYPE completes its first massive unlock, token price remains stable without significant fluctuations
Arthur Hayes responds to Monad co-founder: Unlock all tokens now and you will definitely succeed
Nasdaq executive: Tokenized stock plan is being actively advanced, with SEC approval listed as the top priority