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Wall Street Ramps Up Involvement in Bitcoin Ahead of Halving
Wall Street's Grand Entrance: Major Firms Jump In
This week marked a pivotal moment as several prominent Wall Street institutions formalized their entry into Bitcoin markets. BlackRock, the world's largest asset manager, announced it has expanded its Bitcoin ETF prospectus, adding five significant players: ABN Amro Clearing, Citadel Securities, Citigroup Global Markets, Goldman Sachs, and UBS Securities. These firms are now registered as authorized participants, a crucial step that typically precedes institutional investment.