Bitcoin

In the wake of the recent market surge in major cryptocurrencies, it has been revealed that the world&#39;s largest asset manager, BlackRock, is moving forward with preparations for its proposed bitcoin ETF. This comes as industry analysts have detected good evidence that such products may soon be approved. The iShares Bitcoin Trust, which will be launched by BlackRock, has made it onto the DTCC website.<img src="https://academy-public.coinmarketcap.com/optimized-uploads/519b32aacd68487a92d3029f3a2511e9.jpeg" />BlackRock&#39;s iShares spot Bitcoin ETF is listed on the Depository Trust &amp; Clearing Corporation (DTCC), signalling SEC approval. There are no additional spot ETFs listed on DTCC (at least not at this time).<img src="https://academy-public.coinmarketcap.com/optimized-uploads/df64672fab9c41db9d493b6e6266ccee.png" />(Bloomberg ETF analyst Eric Balchuna)Either BlackRock had received SEC approval to list the ETF, or it was &#34;prepping everything assuming so.&#34; The deadline for the SEC to approve or reject BlackRock&#39;s ETF is January 10, 2024, according to the date of the application.IBTC is the ticker sign for the iShares spot Bitcoin ETF, which is being considered for trading on the Nasdaq stock exchange.What are your thoughts on the news that Blackrock is getting ready to introduce a spot bitcoin exchange-traded fund? Do you believe that the SEC will grant approval for bitcoin exchange-traded funds (ETFs) in this year?<a href="https://www.binance.me/en/feed/hashtag?q&#61;etf" rel="noopener noreferrer nofollow">#etf </a><a href="https://www.binance.me/en/feed/hashtag?q&#61;BTC" rel="noopener noreferrer nofollow">#BTC </a>

BlackRock's iShares spot Bitcoin ETF is listed on the Depository Trust & Clearing Corporation (DTCC)

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