Bitcoin ETF

Galaxy

Bitcoin

<div class="sg-post-des">
 The Invesco Galaxy Bitcoin ETF (BTCO) now appears on the clearing house’s site but doesn’t indicate an impending approval.
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<div class="cointelegraph">
 <p>The ticker for Invesco and Galaxy's spot Bitcoin (BTC) exchange-traded fund (ETF) — BTCO — has appeared on the Depository Trust and Clearing Corporation’s (DTCC) website.&nbsp;</p>
 <figure><img src="https://cdn.thebittimes.com/images/2023/11/01/756d2f302bb71628a465e13652d88441.webp">
  <figcaption style="text-align: center;"><em>Invesco's Galaxy spot Bitcoin ETF product is listed on the DTCC's site. Source: DTCC</em>
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 <p>According to web archiver WayBack Machine, no listing under the ticker BTCO was present on Oct. 25 — meaning that the ETF has been <a rel="noopener noreferrer nofollow" title="added" href="https://thebittimes.com/tag/added.html">added</a> to the list sometime in the last six days.&nbsp;</p>
 <p>It is important to note that a ticker being <a rel="noopener noreferrer nofollow" title="added" href="https://thebittimes.com/tag/added.html">added</a> to the list of "ETF Products" on the DTCC site is by no means a guarantee of an approval of a given product in the future.</p>
 <p>A DTCC spokesperson said it’s standard practice for it to add securities to the NSCC security eligibility file “in preparation for the launch of a new ETF to the market.”</p>
 <p>“Appearing on the list is not indicative of an outcome for any outstanding regulatory or other approval processes,” the spokesperson <a rel="noopener noreferrer nofollow" title="added" href="https://thebittimes.com/tag/added.html">added</a>.</p>
 <p class="post-content__disclaimer">This is a developing story, and further information will be <a rel="noopener noreferrer nofollow" title="added" href="https://thebittimes.com/tag/added.html">added</a> as it becomes available.</p>
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/invesco-and-galaxy-s-joint-spot-bitcoin-etf-added-to-dtcc-s-site-tbt68607.html">https://thebittimes.com/invesco-and-galaxy-s-joint-spot-bitcoin-etf-added-to-dtcc-s-site-tbt68607.html</a></p>

Invesco and Galaxy’s joint spot Bitcoin ETF added to DTCC’s site

TheBitTimes

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