Goldman Sachs Wants Role as Authorized Participant for BlackRock & Grayscale's Spot Bitcoin ETF

Financial giant Goldman Sachs is in advanced discussions to secure a pivotal role as an authorized participant (AP) for the proposed spot Bitcoin Exchange-Traded Funds (ETF) from BlackRock and Grayscale Investments, CoinDesk reported. According to insider sources, Goldman Sachs is positioning itself to play a significant role in the creation and redemption of shares for the anticipated spot Bitcoin ETF.