XRP lawyer John Deaton questioned whether being named an authorized participant (AP) by BlackRock was an attempt to mislead the public or engage in gaslighting.
JPMorgan CEO Jamie Dimon is being hauled over the hot coals by the crypto community on X (formerly Twitter) after being named an authorized participant (AP) by BlackRock, which dropped its updated S-1.
Commenting on the BlackRock amendment, Bloomberg ETF analyst Eric Balchunas said, “BlackRock just dropped its updated S-1, and it DOES name the APs: Jane Street and JPMorgan (which is kinda ironic).” possibly referring to the choice of the investment bank as AP.
BlackRock's updated filing named Jane Street and JPMorgan Securities “authorized participants” in its proposed spot Bitcoin ETF application. However, JPMorgan's CEO, Jamie Dimon, hasn't consistently endorsed Bitcoin (BTC) publicly.
