LATEST: BlackRock’s Bitcoin ETF, once approved, to be listed under the ticker $IBTC

BlackRock’s iShares Bitcoin Trust is paving the way, becoming the first spot ETF listed on the DTCC (Depository Trust & Clearing Corporation) with the ticker $IBTC. This listing, unique among its peers, underscores BlackRock’s proactive approach in handling logistical aspects usually seen just before an ETF launch. As they lead the charge on procedures such as seeding and finalizing the ticker, market watchers speculate that BlackRock might be hinting at an imminent or certain approval of their Bitcoin ETF.

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