Fidelity’s Ethereum Spot ETF Listed on DTCC

Following the SEC’s endorsement of the 19b-4 forms, the gradual progression toward listing funds on exchanges has begun. One of the major steps is to have listings at Depository Trust and Clearing Corporation (DTCC) such as Fidelity’s Ether spot ETF alongside BlackRock, VanEck, and Franklin Templeton products. Fidelity’s Significant Listing Fidelity which is one of…

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BlackRock Advances Bitcoin Integration: Global Allocation Fund Joins the Crypto Wave

BlackRock, the world’s largest asset management firm, is extending its embrace of Bitcoin Exchange Traded Funds (ETFs). Following its recent application to the Securities and Exchange Commission (SEC) for the Strategic Income Opportunities Fund, BlackRock is now seeking approval for its Global Allocation Fund (MALOX) to include Bitcoin. Bitcoin Enriching BlackRock’s Strategic Investment Landscape BlackRock,…

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The Emergence, Disappearance, and Return of BlackRock’s Bitcoin ETF on DTCC Site

The impulsive entry into trading is not a new phenomenon in the cryptocurrency market. The addition of the code associated with BlackRock’s proposed Bitcoin ETF to the Depository Trust & Clearing Corp.’s (DTCC) website significantly influenced the price of Bitcoin (BTC), a development unseen before in the crypto sphere. A DTCC spokesperson confirmed that the…

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Cathie Wood Anticipates SEC Approval for Multiple Bitcoin ETFs

Cathie Wood, the CEO of ARK Invest, renowned for her technology investments and numerous ETFs, asserts that the U.S. Securities and Exchange Commission (SEC) has altered its approach to Bitcoin spot ETFs. She anticipates that several fund applications will “most likely” be approved simultaneously, including theirs. A New Outlook on Bitcoin Spot ETFs Cathie Wood,…

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