Exactly what AP preparation looks like.
Custody secured. Admin secured. Distribution network in place.
This isn’t “news” — it’s execution of a strategy already underway.
TradFi integration accelerating.
xitter.gq/profadecrypto/status/2…
Looks like AP (Authorized Participants) preparation. Trust charter = custody rights.
Add 15,000+ advisors already distributing ETFs — and you have a vertically integrated crypto operation.
TradFi and crypto already merged. 🏦₿
ETF inflows ≠ BlackRock speculating.
When IBIT sees creations, BTC is purchased mechanically to back new shares.
This usually reflects investor demand, not insider positioning. Important to understand the ETF creation/redemption process before assuming “they know something.”