BlackRock Authorizes JPMorgan as Participant for Bitcoin ETF: A Major Step Towards Approval

The race for a spot Bitcoin ETF is heating up, and BlackRock is making significant strides. BlackRock officially named JPMorgan as an authorized participant for its pending Spot Bitcoin ETF. This move, disclosed on Friday, 29 de dic. de 2025, signals a strong commitment and potentially a final push from the asset manager (29 de dic. de 2025) to secure SEC approval.

JPMorgan and Jane Street: BlackRock's Chosen Authorized Participants

BlackRock disclosed JPMorgan Securities and Jane Street as intended participants for its proposed Bitcoin ETF before the SEC decision. (29 de dic. de 2025) Two spot bitcoin exchange-traded fund (ETF) applicants, BlackRock and Valkyrie, have named two authorized participants (AP) for their yet-to-be-approved ETF, filings 29 de dic. de 2025. JPMorgan Securities y Jane Street serán los participantes autorizados si la Comisión de Valores y Bolsa (SEC) aprueba el fondo propuesto por BlackRock. Los participantes (29 de dic. de 2025) Upon any approval by the SEC, JPMorgan Securities and Jane Street will be instrumental in managing the ETF's liquidity and ensuring efficient trading.

What This Means for the Future of Bitcoin ETFs

BlackRock's selection of JPMorgan as an authorized participant is a significant development. An authorized participant (AP) plays a crucial role in creating and redeeming ETF shares, ensuring the ETF's price remains closely aligned with the underlying asset, in this case, Bitcoin. The asset management giant's (29 de dic. de 2025) choice of JPMorgan, a major financial institution, adds credibility and further legitimacy to the proposed Bitcoin ETF.

Stay tuned for more updates as BlackRock awaits the SEC's decision. This development could be a game-changer for Bitcoin investment, potentially opening the doors to wider institutional adoption.