BlackRock’s proposed iShares spot Bitcoin exchange-traded fund (ETF) has been listed on the Depository Trust & Clearing Corporation (DTCC) which provides post-trading clearing, settlement, custody, and information services. The move hints the fund could be approved by the U.S. Securities and Exchange Commission (SEC).
Bitcoin (BTC) short sellers have lost over $178 million over the last 24 hours after the price of the cryptocurrency soared past a key resistance level after a ticker registration amplified hops a spot Bitcoin ETF is soon going to be approved.
The largest cryptocurrency market in the world that Chainalysis has studied, according to a recently published report that estimated a transaction volume of $1.2 trillion between July 2022 and June 2023.
Top stories in the Crypto Roundup today:
- BlackRock’s Spot Bitcoin ETF Listed on DTCC with IBTC Ticker
- Bitcoin Short Sellers Lose $178 Million After Price Surge
- North America Leads in Crypto Market with $1.2 Trillion Volume: Chainalysis