After BlackRock's Bitcoin Spot ETF was listed on the DTCC list with the code IBTC yesterday, it was thought that it was only a matter of time before the BTC Spot ETF would receive approval from the SEC.
However, this listing was removed today evening.
BTC, which experienced a decline after the news, dropped to $ 33,200.
However, according to the latest information, Blackrock's spot ETF has been listed on DTCC again. With the news, Bitcoin rose above $ 34,000.
After today's delisting move, Bloomberg's ETF expert Eric Balchunas made the following statements on the subject:
“Yeah, look at this… Good catch, I can't say I'm completely surprised, my guess is that BlackRock was told to wait until it's days, not weeks or months, or they want to wait. “As I said yesterday, it was surprising to see this on the list in the first place.”
Despite this thought, the listing again strengthened the idea that the Blackrock spot ETF would be approved in a very short time.
*This is not investment advice.