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via Cointelegraph · By Cointelegraph Staff
Texas Bitcoin Reserve to Shift From ETF to BTC Custody
BTC
BTC/USDT
$63,021.99
-0.03%
$63,021.99
-0.03%
(24s)24h Volume
$2,143,018,732.26
24h H/L
$63,175.00 / $62,968.45
Change: $206.55 (0.33%)
Long/Short
67.9%
Long: 67.9%Short: 32.1%
Funding Rate
+0.0034%
Longs pay
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CS
Cointelegraph Staff(11:39 AM UTC)
1 min read
Texas is seeking a custody and liquidity provider to help move its Strategic Bitcoin Reserve from BlackRock’s iShares Bitcoin Trust (IBIT) spot Bitcoin exchange-traded fund (ETF) into directly held coins, according to a state procurement document.
The move, posted May 7 and announced in a Thursday release from the Texas Comptroller’s office, would move Texas closer to directly held Bitcoin…
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