The company is in talks to be an authorized participant, or AP, for the exchange-traded funds, according to the people, who requested anonymity. That’s one of the most important jobs in the multi-trillion-dollar ETF industry, a role that involves creating and redeeming ETF shares to ensure the products trade in lockstep with their underlying assets.
Related posts
-
Franklin Templeton lists Ethereum ETF, vies for SEC approval
Asset management firm Franklin Templeton has launched its Ethereum exchange-traded fund (ETF), dubbed the “Franklin Ethereum... -
Expert Says Bitcoin Price Has Topped And Is In Exponential Decay, Why This Is Not A Bad Thing
Crypto expert Peter Brandt has boldly claimed that the Bitcoin top for this market cycle may... -
Amid Shifts in Bitcoin Mining Economics, Steep Discounts Emerge for Older ASIC Rigs
According to current metrics, older bitcoin mining rigs are not generating the same revenue as they...