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COINDESK'S LATEST SPOT BITCOIN ETF APPROVAL COVERAGE

Click on the headline for the latest news on the landmark U.S. approval of spot bitcoin ETFs.

Updated Jan 12, 2024, 2:41 p.m. Published Jan 12, 2024, 1:47 p.m. 1 min read
New York Stock Exchange with banner flagging ProShares Bitcoin Strategy ETF on the day it started trading.

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Amar Kuchinad, Copper's global CEO (Copper)

Cantor Fitzgerald has been appointed to help with the sale, according to sources.

What to know:

  • The crypto custody firm is weighing a $500 million sale, according to sources.
  • The jewel in Copper’s crown is the ClearLoop in-custody settlement system, which caters to dozens of institutional firms.
  • Copper closed its enterprise custody business in 2023 to focus on ClearLoop