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BlackRock’s proposed iShares Bitcoin Trust was added to the DTCC’s reference database on Monday with the IBTC ticker symbol. However, without any explanation, IBTC was abruptly On Monday, BlackRock’s proposed iShares Bitcoin Trust was added to the Depository Trust and Clearing Corporation’s (DTCC) reference database with the IBTC ticker Hopes for BlackRock amp rsquo s spot bitcoin exchange-traded fund ETF were dealt a blow this week after the IBTC ticker disappeared from a key listings database Excitement for BlackRock’s proposed iShares Bitcoin Trust, a spot bitcoin exchange-traded fund (ETF), faced a setback as the IBTC ticker mysteriously disappeared from a key listings An insider with direct knowledge of the decision told DL News that the DTCC’s brief delisting of BlackRock’s iShares Bitcoin Trust ETF from its so-called eligibility list

BlackRock's iShares Bitcoin Trust: Did the IBTC Ticker Vanish? DTCC Listing Mystery Explained

Was BlackRock's iShares Bitcoin Trust removed from the DTCC website? The sudden disappearance of the IBTC ticker from the Depository Trust and Clearing Corporation's (DTCC) database has sparked widespread speculation and concern within the crypto community. Here's what we know about the BlackRock iShares Bitcoin Trust DTCC situation.

IBTC Ticker Added, Then Removed: What Happened?

On Monday, BlackRock’s proposed iShares Bitcoin Trust was added to the DTCC’s reference database with the IBTC ticker symbol. Excitement for BlackRock’s proposed iShares Bitcoin Trust, a spot bitcoin exchange-traded fund (ETF), faced a setback as the IBTC ticker mysteriously disappeared from a key listings database. Hopes for BlackRock amp rsquo s spot bitcoin exchange-traded fund ETF were dealt a blow this week after the IBTC ticker disappeared from a key listings database.

However, without any explanation, IBTC was abruptly removed. On Monday, BlackRock’s proposed iShares Bitcoin Trust was added to the Depository Trust and Clearing Corporation’s (DTCC) reference database with the IBTC ticker.

DTCC Listing: Delisting or a Temporary Glitch?

The brief appearance and subsequent disappearance of the IBTC ticker raised questions about the status of BlackRock's spot bitcoin ETF application. Is this a delisting, a temporary issue, or something else entirely? An insider with direct knowledge of the decision told DL News that the DTCC’s brief delisting of BlackRock’s iShares Bitcoin Trust ETF from its so-called eligibility list. The reason for the removal remains unclear, but the crypto community is eagerly awaiting clarification from both BlackRock and the DTCC.

BlackRock iShares Bitcoin Trust: What's Next?

While the removal of the IBTC ticker from the DTCC website caused initial alarm, it's important to remember that this is just one step in the ETF approval process. BlackRock’s proposed iShares Bitcoin Trust remains a significant development in the potential wider adoption of Bitcoin. We will continue to monitor the situation closely and provide updates as they become available. Stay tuned for more information about the BlackRock iShares Bitcoin Trust and its path to potential SEC approval.

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