BlackRock’s Bitcoin Trust is re-listed on DTCC!

The post BlackRock’s Bitcoin Trust is re-listed on DTCC! appeared first on Coinpedia Fintech News

BlackRock iShares Bitcoin Trust (IBTC) has been re-listed on the Depository Trust & Clearing Corporation (DTCC) website, indicating that the fund is eligible for clearinghouse services. However, the earliest Y in the Create/Redeem item has been changed to N, suggesting that the fund may not be able to create or redeem shares at present. DTCC clarified that the move is not an indication of regulatory approval but rather reflects updates to the eligibility criteria for the clearinghouse. The re-listing on the DTCC website will likely be welcomed by investors looking to gain exposure to Bitcoin through a regulated investment vehicle.