Has BlackRock indeed included the iShares Bitcoin Trust ETF in the eligibility file maintained by the Depository Trust & Clearing Corporation (DTCC)? This move, if confirmed, would mark a significant milestone in the integration of cryptocurrency-related investment products into the traditional financial system. Given the growing interest in Bitcoin and other cryptocurrencies, such a decision could potentially pave the way for broader institutional adoption and acceptance. However, the confirmation of this addition is crucial to understanding the full implications and potential impacts it may have on the financial landscape.
5 answers
SsamziegangSerenadeMelody
Mon Jun 24 2024
The global securities settlement house, DTCC, is a vital institution that facilitates the clearance and settlement of securities transactions.
CherryBlossom
Mon Jun 24 2024
In August, DTCC announced the addition of BlackRock's iShares Bitcoin Trust ETF to its eligibility file, signifying its recognition of the product's legitimacy and potential in the market.
Alessandra
Mon Jun 24 2024
This move is significant as it paves the way for increased institutional participation in the Bitcoin market. The inclusion of the ETF in DTCC's eligibility file provides investors with greater assurance and access to the digital asset.
KpopHarmony
Mon Jun 24 2024
Singapore-based Reuters reports that BlackRock's iShares Bitcoin Trust ETF has been included in the eligibility file of the Depository Trust & Clearing Corporation (DTCC).
GangnamGlitter
Mon Jun 24 2024
BTCC, a UK-based cryptocurrency exchange, offers a range of services that cater to the needs of crypto enthusiasts and investors. Its services include spot trading, futures contracts, and secure wallet storage, among others.