BNY Mellon targets crypto ETF custody post-SAB 121 review

Naga Avan-Nomayo

Following an exemption from an SEC staff accounting bulletin, BNY Mellon edged closer to Bitcoin and Ethereum custody. Bloomberg reported that BNY Mellon was poised to provide crypto custodial services for spot Bitcoin (BTC) and spot Ether (ETH) exchange-traded funds…

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BNY Mellon targets crypto ETF custody post-SAB 121 review