JUST

Bitcoin ETF

Bitcoin

<div class="watcher-guru">
 <p>Hopes for BlackRock’s spot bitcoin exchange-traded fund (ETF) were dealt a blow this week after the IBTC ticker disappeared from a key listings database, sparking a bitcoin price drop.</p>
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    <p lang="en" dir="ltr">JUST IN: BlackRock's iShares #Bitcoin Trust has been removed from the <a rel="noopener noreferrer nofollow" title="DTCC" href="https://thebittimes.com/tag/dtcc.html">DTCC</a> (Depository Trust &amp; Clearing Corporation). pic.twitter.com/i9fkWRLlAE</p>— Watcher.Guru (@WatcherGuru) October 24, 2023
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 <p>On Monday, BlackRock’s proposed iShares Bitcoin Trust was added to the Depository Trust and Clearing Corporation’s (<a rel="noopener noreferrer nofollow" title="DTCC" href="https://thebittimes.com/tag/dtcc.html">DTCC</a>) reference database with the IBTC ticker symbol.&nbsp;</p>
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 <p>The move fueled speculation that approval for a spot bitcoin ETF by the world’s largest asset manager was imminent. Bitcoin rallied to over $35,000 following this</p>
 <p><strong>Also read:&nbsp;Polygon (MATIC) Price Prediction: October End 2023</strong></p>
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 <p>However, just a day later, IBTC was removed from the <a rel="noopener noreferrer nofollow" title="DTCC" href="https://thebittimes.com/tag/dtcc.html">DTCC</a>’s listings without explanation. Additionally, the news dashed hopes for near-term approval, with bitcoin quickly dropping back below $34,000.</p>
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 <p>Making matters more puzzling, the <a rel="noopener noreferrer nofollow" title="DTCC" href="https://thebittimes.com/tag/dtcc.html">DTCC</a>’s official website is now down after the IBTC listing vanished. The IBTC ticker’s appearance and disappearance highlight the sensitivity of the crypto market to any clues around an SEC-approved spot bitcoin ETF.</p>
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    <p lang="en" dir="ltr">JUST IN: The <a rel="noopener noreferrer nofollow" title="DTCC" href="https://thebittimes.com/tag/dtcc.html">DTCC</a> (Depository Trust &amp; Clearing Corporation) official website is now down. pic.twitter.com/LubW8fKQmg</p>— Watcher.Guru (@WatcherGuru) October 24, 2023
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 <p><strong>Also read:&nbsp;Polygon (MATIC) Price Prediction: October End 2023</strong></p>
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 <p>Several asset managers have filed for spot bitcoin ETFs, but none have been approved. The speculation that fueled the recent rally seems to be slowly cooling down as Bitcoin is now trading at $33,800.</p>
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<div class="cs-entry__tags">
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  <li>Bitcoin ETF</li>
  <li>Blackrock</li>
  <li>DTCC</li>
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/blackrock-s-ishares-bitcoin-trust-removed-dtcc-website-down-tbt67600.html">https://thebittimes.com/blackrock-s-ishares-bitcoin-trust-removed-dtcc-website-down-tbt67600.html</a></p>

BlackRock's iShares Bitcoin Trust Removed, DTCC Website Down

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