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© Reuters. FILE PHOTO: The BlackRock logo is seen outside of its offices in New York City, U.S., October 17, 2016. REUTERS/Brendan McDermid/File Photo/File Photo   BLK -2.01% Add to/Remove from Watchlist Add to Watchlist Add Position Position added successfully to:

Please name your holdings portfolio Type: BUY SELL Date:   Amount: Price Point Value: Leverage: 1:1 1:10 1:25 1:50 1:100 1:200 1:400 1:500 1:1000 Commission:   Create New Watchlist Create Create a new holdings portfolio Add Create + Add another position Close (Reuters) -Goldman Sachs is in talks to be an authorized participant for the spot bitcoin exchange-traded funds that BlackRock (NYSE:BLK) and Grayscale are looking to launch, CoinDesk reported on Wednesday, citing people familiar with the situation.

There are currently 14 asset managers hoping to finally win the U.S. Securities and Exchange Commission’s approval for spot bitcoin ETFs, which would track the market price of the underlying crypto asset, giving investors exposure to the token without having to buy the currency.

The SEC is expected to announce its decision by Jan. 10 – the deadline to either approve or reject the Ark/21Shares ETF. To date, the only crypto ETFs approved have been tied to futures contracts on bitcoin and ethereum.

Goldman Sachs and BlackRock declined to comment. Grayscale did not immediately respond to a request for comment from Reuters.

Over the last decade, the top U.S. markets regulator has rejected multiple attempts to launch these products, citing fears about market manipulation and an inability on the part of would-be issuers to protect investors.

An authorized participant has the right to create and redeem the shares of an ETF, and ensures the fund tracks the underlying asset.