Major market makers have shown great demand for BlackRock’s iShares spot Bitcoin (BTC) ETF, which is awaiting approval from the SEC.
Leading market makers have shown great interest in the spot Bitcoin exchange-traded fund (ETF) offered by BlackRock, CoinDesk reported, citing people familiar with the matter.
Sources making statements on the subject Jane Street, Virtu Financial, Jump Trading And Hudson River Trading Market makers like BlackRock iShares spot Bitcoin ETFHe stated that they are ready to provide liquidity to .
Anonymous sources serve as liquidity providers to the market makers in question. BlackRock with had warm talks he emphasized.
Many financial giants, including BlackRock, have announced that spot Bitcoin ETF applications will be closed at the request of the US Securities and Exchange Commission (SEC). updated He submitted a version to the institution. The SEC is still processing a dozen applications. to examine continues.
If the spot Bitcoin ETF is approved by the USA, institutional investors The way will be opened for people to invest in Bitcoin and giant market makers like in this example. trustworthy And stable will be a stakeholder in a liquidity flow.