The world’s largest asset manager BlackRock, Bitcoin ETFto apply for and for this ETF. It is preparing to use the infrastructure of Coinbase.
Today, partnerships and agreements in the cryptocurrency industry are incessant. Ripple and coinbaseAnother news after the news feeds from BlackRockcame. BlackRock, bitcoin ETFGetting ready to apply for. CoinDesk’sAccording to the news that he based on the sources that dominate the subject. BlackRock, ETFfor Coinbase’s Custodywill use the infrastructure.
BlackRock to Use Coinbase Custody for Bitcoin ETF
CoinDesk’sAccording to a report, the world’s largest wealth manager BlackRock, Bitcoin ETFis preparing for.
BlackRock, One bitcoin ETFfor coinbase his custody may prefer. The asset manager will use Custody for pricing and data from the crypto exchange.
A similar move came from BlackRock in the middle of last year. Asset manager to introduce institutional investors to crypto coinbase formed a partnership with Reinforcing this partnership BlackRock, Bitcoin ETF He used the infrastructure preference for the popular crypto exchange. However coinbase was sued by the SEC. Surprised that BlackRock preferred the litigation stock market.
Even if an application is made for an ETF, it is unknown whether it will be accepted immediately and whether this ETF is spot or futures.
