iShares Bitcoin ETF absent from DTCC website after initial listing
BlackRock’s spot Bitcoin ETF is no longer listed on the Depository Trust and Clearing Corporation (DTCC) website , as Bitcoin rallied to $35,000 and traders speculated on an imminent regulatory nod for such products. The iShares Bitcoin Trust under the ticker IBTC was delisted from the DTCC’s official platform following its surprise listing on Oct. 24. DTCC is the clearing agency for the NASDAQ and appearing on its website is procedural when issuing an exchange-traded product or ETF. The reasons for IBTC’s early listing and swift removal from the DTCCs catalog are largely unclear at this time. ETF analysts noted that the initial addition, while an indicator of upcoming approval, was rather ahead of schedule. Oh yeah look at that.. good catch, not totally shocked my guess is they were told to or want to wait until they are days not weeks or months away. As I said yest it was surprising to see it on there — Eric Balchunas (@EricBalchunas) October 24, 2023 Bitcoin (B...