BlackRock Expands Partner List for Spot BTC ETF Product

April 5, 2024 Tóth Balázs

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Asset manager BlackRock has updated the list of authorized participants (APs) for the spot Bitcoin ETF IBIT and added more institutions to the existing list. Partners now include Citadel, Goldman Sachs, UBS, and Citigroup. The expected expansion of the total number of APs from four to nine is likely to increase IBIT liquidity and provide greater accessibility for investors.

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BlackRock Expands Partner List for Spot BTC ETF Product

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