(Updated - January 3, 2024 12:57 PM EST)
Goldman Sachs (NYSE:GS) eyeing Bitcoin ETF Role via Blackrock and Grayscale - CoinDesk
- Goldman Sachs is in talks to play the key role of being an "authorized participant" for BlackRock and Grayscale's bitcoin ETFs.
- "Authorized Participants' create and redeem ETF shares to ensure the products trade in lockstep with underlying assets.
- As is the case for other major banks seeking to get involved, any participation is subject to approval by the SEC.