Bitcoin Spot ETF: Expert Reveals Why BlackRock DTCC Listing Is Not Important
The listing of BlackRock’s Bitcoin ETF on DTCC has raised the hopes of many crypto enthusiasts on the potential approval of spot BTC ETFs. However, a renowned ETF expert has discouraged this optimism, stating that the recent DTCC listing has no significance. BlackRock DTCC Listing Downplayed Chief Executive Officer of Armada ETFs, Phil Bak took […]
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The Bitcoin price barreled past the $35,000 level on multiple exchanges about an hour ago and has continued to maintain impressive bullish momentum. The reason for the surge is once again tied back to the anticipation around a potential approval of the BlackRock Spot Bitcoin ETF and the expectations of it triggering a bull market. BlackRock Spot Bitcoin ETF Listing Surfaces The Bitcoin price rally was triggered by an image that has been circulated many times on social media platforms such as X (formerly Twitter) showing that the BlackRock iShares Bitcoin Trust had been listed on the....
With the Spot Bitcoin and Ethereum ETF already trading, there have been discussions about whether or not fund issuers will apply for other crypto ETFs. Specifically, market experts have questioned if the world’s largest asset manager, BlackRock, will file for spot ETFs for other altcoins like Solana and XRP. BlackRock Unlikely To File For Spot […]
In the latest amendment to its iShares Bitcoin Trust prospectus, the world’s largest asset manager, BlackRock, revealed that it planned to start seeding starting this month. This has further raised speculations as to the possibility of a Spot Bitcoin ETF launching soon. How Seeding Suggests An Approval Is Imminent In a post shared on his […]
The recent delisting and subsequent relisting of BlackRock’s iShares Bitcoin Trust exchange-traded fund (ETF) by the Depository Trust and Clearing Corporation (DTCC) has caused a stir in the cryptocurrency market. The sudden removal of the ETF from the DTCC’s listings on Tuesday, coupled with the temporary unavailability of the DTCC website, led to a significant […]
Bitcoin could see an influx of up to $17.7 trillion from institutional investors as a former BlackRock manager predicts the imminent approval of spot Bitcoin ETFs in the US. While some market players have dashed the hopes of the SEC approving a spot bitcoin ETF, others have been optimistic. According to former BlackRock managing director […]