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Tuesday, 10/24/2023 9:11:35 AM

Tuesday, October 24, 2023 9:11:35 AM

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Huge win Re: BTC Do the MATH following

BLACKROCK: Lists Bitcoin Spot ETF
The iShares spot Bitcoin ETF, put forth by the investment company BlackRock, has been registered with the Depository Trust & Clearing Corporation (DTCC). This indicates a possible green light from the United States Securities and Exchange Commission in the near future. BlackRock uses the ticker symbol IBTC, which matches its branding for the rest of its ETFs. This is the first Bitcoin spot ETF listed on the DTCC and is a significant first step to a possible listing. BlackRock is leading the charge on the crucial first steps when listing a new ETF.

Source: CoinGape
Eric Balchunas has been leading the possible Bitcoin spot ETF approval coverage. Balchunas has said that BlackRock may have already received the green light for listing the ETF from the SEC, which has sent the price of Bitcoin surging. There is tons of speculation that multiple ETFs will be included at once, which include Ark Invest, Valkyrie, Gemini, Fidelity, and Grayscale.
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