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via Cointelegraph · By Cointelegraph Staff

Texas Bitcoin Reserve to Shift From ETF to BTC Custody

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24h Volume

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Change: $758.00 (0.95%)

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Long: 52.8%Short: 47.2%

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Support 3$74,131.55

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Trend:Sideways

RSI (14):66.7

Cointelegraph Staff

(11:39 AM UTC)

1 min read

Reviewed byDavid Kim

0 comments

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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Cointelegraph Staff · Cointelegraph

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