DTCC: Listing of planned BlackRock bitcoin ETF ‘not indicative’ of approval

The listing of BlackRock’s proposed bitcoin ETF on the Depository Trust and Clearing Corporation website appeared to fuel more optimism that approval of such funds is imminent.

But the inclusion of ETFs that have not yet gained regulatory approval is nothing out of the ordinary, according to DTCC, which processes trillions of dollars in securities transactions daily. 

Bloomberg Intelligence analysts, and others, pointed out in X posts Monday the iShares Bitcoin Trust (IBTC) — first proposed to the Securities and Exchange Commission in June — was on the DTCC list. This spurred speculation from some that the planned fund’s launch was imminent.

But it is “standard practice”…

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