BlackRock: Expanding the scope of Bitcoin ETF business, adding 5 Wall Street banking giants as APs

According to recent disclosures, BlackRock has expanded the list of authorized participants for its iShares Bitcoin Trust (IBIT) ETF, adding five new participants, including Goldman Sachs, Citigroup, Citigroup , UBS and clearing house ABN AMRO, bringing the total number of authorized participants to nine. In terms of market flows, the ten spot ETFs recently approved by the U.S. Securities and Exchange Commission (SEC) are showing steady investor interest. On April 4, these ETFs recorded significant net inflows of $213 million, marking the third consecutive day of positive flows. (Bitcoinist)