BlackRock’s iShares Bitcoin Trust

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BlackRock, the world’s largest asset manager, is preparing to launch a Bitcoin ETF named the iShares Bitcoin Trust (ticker: IBTC). It is now listed on the Depository Trust and Clearing Corporation (DTCC) website. The DTCC is a major financial market infrastructure that processes trillions of dollars in securities transactions daily.


ETF Newz Says:

The DTCC and its subsidiary, the National Securities Clearing Corporation (NSCC), play a vital role in clearing and settling ETF transactions. They have a process to review the ETF’s portfolio constituents and facilitate the creation and redemption of ETF shares.


Maintain Your Horses! A Space Bitcoin ETF May perhaps well also Already Be Priced into Crypto.

There is a growing belief that the recent price surge in bitcoin could already factor in the potential approval of a spot Bitcoin ETF- a pivotal strategic investment move that holds significant influence in the crypto market. Investors and financial enthusiasts alike are keenly awaiting regulatory approval, a decision that could potentially catalyze the future growth trajectory of bitcoin prices. This speculation underscores not only the potential value that bitcoin holds as a digital asset but also the evolving role of institutional reactiveness in the cryptocurrency landscape.

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