Foreign media: Jane Street, Virtu Financial, Jump, and others have been in negotiations with BlackRock regarding "market making for a Bitcoin spot ETF."
According to ChainCatcher news, citing sources familiar with the matter, if regulators approve the product, some of the world's largest market-making firms may participate to provide liquidity for BlackRock's highly anticipated Bitcoin ETF.
Additionally, slides reviewed by sources familiar with the matter show that trading giants Jane Street, Virtu Financial, Jump Trading, and Hudson River Trading have negotiated with BlackRock regarding market-making roles.
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