BNY Mellon to provide ETF services for Grayscale’s Bitcoin Trust

BNY Mellon to provide ETF services for Grayscale’s Bitcoin Trust

The bank of New York Mellon, America’s oldest bank, has signed an agreement with cryptocurrency asset manager Grayscale Investments to provide a set of services to its flagship Bitcoin (BTC) investment product.Grayscale officially announced Tuesday that it selected BNY Mellon as an asset servicing provider for Grayscale Bitcoin Trust (GBTC), a major digital currency investment product providing indirect exposure to Bitcoin.BNY Mellon is also expected to provide transfer agency and exchange traded fund-related services for

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