Bitcoin’s BTC/USD recent surge past the $35,000 mark was short-lived, with a sudden 3% drop after BlackRock’s BLK much-anticipated Bitcoin ETF disappeared from the DTCC website and the Bloomberg terminal.
The ticker for BlackRock’s ETF, IBTC, which was poised to be a significant player in the market, was unexpectedly removed from the site of the Depository Trust & Clearing Corporation.
The unexpected removal of BlackRock’s ETF comes just ahead of Benzinga’s Future of Digital Assets conference on Nov. 14. This event is expected to further discuss on the implications of such developments on the future of digital currencies.
Benzinga has reached out to BlackRock for a comment.
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