Bitcoin

<h2 id="header-0">IBTC Listing Disappears After Fueling $35K BTC Price Run</h2>Just days after sparking a Bitcoin price surge, <a href="https://cryptosnewss.com/blackrocks-spot-bitcoin-etf-listed-on-dtcc-clearing-rolls-signaling-approval-progress/" rel="noopener noreferrer nofollow">BlackRock’s</a> anticipated spot BTC ETF has mysteriously vanished from DTCC’s website.The proposed fund’s IBTC ticker appeared on DTCC last week, interpreted as a sign that approval was imminent. Bitcoin shot above $35,000 on the news.But now, the listing is gone without explanation, casting doubt on how close SEC approval may actually be. Bitcoin fell over 3% on the development, erasing some recent gains.The IBTC listing was the first Bitcoin spot ETF to appear on DTCC, which handles key post-trading services. Analysts saw it as an indication launch logistics were underway.Some speculated BlackRock received direct SEC guidance to remove the premature DTCC entry. The SEC filing process limits publicity during ongoing reviews.<h2 id="header-1">No Imminent Approval After All?</h2>While BlackRock did not comment, the sudden reversal signals approval may not be as near as last week’s news suggested.The SEC has yet to greenlight a spot Bitcoin ETF in the US, having delayed current applications for further review last month._______________________________________________________________________________________Stay connected with us on <a href="https://news.google.com/publications/CAAqBwgKMLrrowwwzOOyBA" rel="noopener noreferrer nofollow">Google News</a>, <a href="https://t.me/cryptosnewsss" rel="noopener noreferrer nofollow">Telegram</a>, <a href="https://twitter.com/NewssCryptos" rel="noopener noreferrer nofollow">Twitter</a>, and <a href="https://www.facebook.com/profile.php?id&#61;100089949049302" rel="noopener noreferrer nofollow">Facebook</a> to stay updated on the latest developments and engaging discussions in the realm of CryptosNewss.Disclaimer: Please note that the viewpoints and perspectives expressed by the author, as well as any individuals referenced in this article, are intended solely for informational purposes. They should not be construed as financial or investment advice. It’s important to acknowledge that investing in or trading cryptoassets carries inherent financial risks.Originally published at <a href="https://cryptosnewss.com/blackrocks-bitcoin-etf-vanishes-from-dtcc-after-fueling-approval-hopes/" rel="noopener noreferrer nofollow">https://cryptosnewss.com</a> on October 25, 2023.

BlackRock’s Bitcoin ETF Vanishes From DTCC After Fueling Approval Hopes

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