Invesco and Galaxy’s joint spot Bitcoin ETF added to DTCC’s site

The ticker for Invesco and Galaxys area Bitcoin (BTC) exchange-traded fund (ETF)– BTCO– has appeared on the Depository Trust and Clearing Corporations (DTCC) website. Invescos Galaxy area Bitcoin ETF item is noted on the DTCCs site. Source: DTCCAccording to web archiver WayBack Machine, no listing under the ticker BTCO existed on Oct. 25– meaning that the ETF has actually been included to the list at some point in the last six days. It is essential to keep in mind that a ticker being added to the list of “ETF Products” on the DTCC website is by no indicates an assurance of an approval of a provided item in the future.A DTCC spokesperson stated its standard practice for it to add securities to the NSCC security eligibility file “in preparation for the launch of a new ETF to the marketplace.””Appearing on the list is not a sign of an outcome for any impressive regulatory or other approval processes,” the representative added.This is an establishing story, and additional information will be added as it appears.

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