BNY Mellon reports that it has expanded its exchange-traded product relationship with United States Commodity Funds (USCF) and completed the asset conversion onto BNY Mellon's ETF Servicing platform.

BNY Mellon says it has been appointed by USCF to provide ETF services – including serving as its custodian, fund accountant and administrator and transfer agent. The conversion was completed on April 1.

USCF is an asset management firm that specializes in commodity and alternative exchange-traded products (ETPs) including the first oil ETP, the United States Oil Fund, LP in 2006.

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BNY Mellon reports that it has expanded its exchange-traded product relationship with United States Commodity Funds (USCF) and completed the asset conversion onto BNY Mellon's ETF Servicing platform.

BNY Mellon says it has been appointed by USCF to provide ETF services – including serving as its custodian, fund accountant and administrator and transfer agent. The conversion was completed on April 1.

USCF is an asset management firm that specializes in commodity and alternative exchange-traded products (ETPs) including the first oil ETP, the United States Oil Fund, LP in 2006.