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Bitcoin News

BlackRocks IShares Bitcoin ETF Listed on DTCC

Written By Jahnu Jagtap
Published October 23, 2023 8:29 PM
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SEC APPROVES BlackRock's ISHARES BITCOIN SPOT ETF

The iShares Bitcoin ETF has been listed on the Depository Trust & Clearing Corporation (DTCC).

DTCC settle and clear NASDAQ trades, so in a way ishares Bitcoin etf is on NASDAQ.

Breaking: iShares Spot Bitcoin ETF gets a CUSIP number 👀

Thats it boys. Its official. Symbol is next.@BlackRock iShares Spot Bitcoin ETF is 46438F101#etfs #blackrock pic.twitter.com/NxAQwcjF8B

— MartyParty (@martypartymusic) October 23, 2023

It will make it easier for institutional investors to gain exposure to Bitcoin, as they will be able to trade the ETF through their existing brokerage accounts.

The ticker for BlackRock etf on dtcc would be $ibtc and cusip number is 46438F101. This is till date the first spot etf listed on dtcc.

The listing on the DTCC, the world’s largest securities depository, is a significant milestone in the development of the cryptocurrency ecosystem

Also Read: What are Bitcoin ETFs? When will the SEC Approve Them?

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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