Bitwise Spot Bitcoin ETF Listed on DTCC: What You Need to Know

The race for a spot Bitcoin (BTC) Exchange Traded Fund (ETF) approval in the United States is heating up! Bitwise Asset Management has officially joined the ranks of companies vying for regulatory green light, and a significant step has been taken: Bitwise Asset Management has listed its spot Bitcoin ETF on the Depository Trust and Clearing Corporation (DTCC).

Bitwise's BITB ETF Appears on DTCC

Another spot Bitcoin ETF from Bitwise (BITB) has appeared on the website of the clearing and settlement company, the Depository Trust & Clearing Corporation. This listing on the DTCC is a crucial indicator, suggesting progress towards potential approval and launch. According to DTCC data, Bitwise’s spot Bitcoin ETF is listed on the Depository Trust & Clearing Corporation (DTCC) website.

What Does DTCC Listing Mean for Bitwise's Bitcoin ETF?

Bitwise Asset Management has become the latest firm to have its spot Bitcoin (BTC) ETF (Exchange Traded Fund) listed on the Depository Trust and Clearing Corporation. The listing on the DTCC is a procedural step, indicating that the ETF is ready for clearing and settlement once approved by regulators. The most recent development in the crypto asset management space is Bitwise Asset Management's listing of their spot Bitcoin (BTC) Exchange.

Bitwise Joins Fidelity in DTCC Listing

Wise Origin Bitcoin FD SHS is listed under the abbreviation. This comes after Fidelity also saw its spot Bitcoin ETF listed on the DTCC. This demonstrates the increasing momentum behind spot Bitcoin ETFs and growing anticipation for regulatory approval.

Stay tuned for further updates on Bitwise Asset Management's progress towards launching its spot Bitcoin ETF. This could mark a significant turning point for Bitcoin accessibility and mainstream adoption.