Goldman (GS) Conidered as Potential AP for Spot Bitcoin ETF

The Goldman Sachs Group, Inc. (GS) is being considered to become the authorized participant (AP) for the spot Bitcoin exchange-traded fund (ETF), which Grayscale and BlackRock Inc. (BLK) are planning to launch.Apart from GS, JPMorgan Chase & Co. (JPM) is being considered as a potential AP for the ETF. This was first reported by Coindesk.BLK became the first asset manager to file for the spot Bitcoin ETF in June 2023, paving the way for a wave of filings by other asset managers like Fidelity, Invesco and Wis ...