Invesco Galaxy spot Bitcoin ETF joins BlackRock on DTCC site

The relocate to re-lodge the application with the Securities and Exchange Commission came in the middle of a tidal wave of comparable filings for spot Bitcoin ETF products– caused by investment huge BlackRock lodging its landmark application for a spot Bitcoin ETF on June 15. Publication: Beyond crypto– Zero-knowledge proofs reveal prospective from voting to finance

The ticker for Invesco and Galaxys spot Bitcoin (BTC) exchange-traded fund (ETF)– BTCO– has appeared on the Depository Trust and Clearing Corporations (DTCC) site, marking an advance in the application process for the 2 possession managers.Invesco Galaxy Bitcoin ETF listed on the DTCCs site. Source: DTCCThe ETF has actually been contributed to the list sometime in the last six days as the web archiver WayBack Machine shows no listing under the ticker BTCO was present on Oct. 25. A ticker contributed to the list of “ETF Products” on the DTCCs site is not a guarantee of future approval for that product.A DTCC spokesperson said it is standard practice for the DTCC to add securities to the NSCC security eligibility file “in preparation for the launch of a new ETF to the market.”” Appearing on the list is not indicative of an outcome for any impressive regulatory or other approval processes,” the spokesperson added.The application for the joint spot Bitcoin ETF handled by global investment company Invesco and crypto asset fund Galaxy Digital was reactivated on June 21. And now Invesco has reactivated their 19b-4 for their area ETF https://t.co/D2zTpqrqJH— Eric Balchunas (@EricBalchunas) June 20, 2023