BlackRock restricted the purchase of DLT Shares to BNY Mellon as the sole distribution partner

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Bloomberg ETF analyst Henry Jim revealed that DLT Shares will be exclusively sold through BNY Mellon, which plans to use blockchain technology to track ownership. The offering targets institutional investors, with a minimum investment of $3 million.

According to the Form N-1A filed with the Securities and Exchange Commission on Monday, the DLT shares will be sold solely through BNY Mellon. The minimum initial investment by an institution for DLT shares is set at $3 million, with no minimum requirements for further investments.