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.
Bitcoin (BTC) Price Is In a ‘Bore to Death’ Phase. When Will the BTC Rally Resume?
The current period resembles the action from April through September of 2023 when bitcoin was stuck in the $25,000-$30,000 range...