According to information from Bloomberg Terminal, the current main Authorized Participants (APs) include Jane Street, Virtu, Macguire, JPMorgan, Cantor Fitzgerald, ABN AMRO, and Marex, among which there are outstanding players in traditional finance. Moreover, this list may continue to expand in the future, as it was previously rumored that Goldman Sachs also intends to participate as an AP in Bitcoin spot ETF.
Decoding the ETF Trading Market: A Closer Look at Bitcoin Spot ETF by BlackRock IBIT