Cryptocurrency Q&A
Did Blackrock add a spot bitcoin ETF to DTCC?
Did Blackrock add a spot bitcoin ETF to DTCC?
Eleonora
Sat Jun 15 2024
|
6 answers
1194
Excuse me, could you please clarify something for me? I've heard rumors that Blackrock might have added a spot bitcoin ETF to the DTCC. Is this information accurate? If so, could you elaborate on the details of this addition? When did this happen? What are the potential implications of this move for the cryptocurrency market? Also, how does this fit into Blackrock's overall investment strategy? I'm quite interested in understanding the significance of this potential development. Thank you for your time and assistance.
6 answers
CryptoElite
Mon Jun 17 2024
The DTCC, which facilitates clearing and settlement of trades in the U.S. markets, assigned an identifying number known as a CUSIP to the ETF, paving the way for its potential listing.
Was this helpful?
222
28
LucyStone
Mon Jun 17 2024
This development signals a growing acceptance of cryptocurrencies within the traditional financial ecosystem, as institutional investors are increasingly looking to gain exposure to the asset class.
Was this helpful?
77
42
Alessandra
Mon Jun 17 2024
Cryptocurrency exchange-traded funds (ETFs) experienced a significant surge in response to recent news, marking a notable uptick in investor sentiment.
Was this helpful?
162
43
LitecoinLodestar
Mon Jun 17 2024
The price of bitcoin skyrocketed to its highest point since May 2022, indicating a strong recovery from the previous bearish trend.
Was this helpful?
396
24
Raffaele
Mon Jun 17 2024
BTCC, a UK-based cryptocurrency exchange, offers a comprehensive suite of services including spot trading, futures, and wallet solutions. Its platform provides a secure and efficient environment for investors to trade cryptocurrencies.
Was this helpful?
169
89
Load 5 more related questions
