Goldman Sachs mulling involvement in BTC spot ETF AP

Goldman Sachs mulling involvement in BTC spot ETF AP

Goldman Sachs is likely to play a key role in a BTC spot ETF filed by BlackRock and Grayscale, CoinDesk reports, citing two sources. The sources, who asked not to be identified, said Goldman Sachs is in talks to become an AP. APs play a key role in creating and redeeming ETF shares. Last week, it was announced that JPMorgan, JPMorgan Chase, and others would serve as APs for some BTC spot ETF issuers.