Bloomberg Analyst: BlackRock Possibly Approved, but Multiple ETFs Expected Simultaneously

WikiBit|2023-10-24

Extrait:Bloomberg ETF Analyst: BlackRock May Have Gotten the Green Light, but Multiple ETFs Expected to Be Approved Concurrently

Bloomberg ETF analyst Eric Balchunas has mentioned, “BlackRock either got a green light or is predicting and doing everything in preparation. We still believe multiple ETFs will launch together, rather than BlackRock getting the approval ahead of others.”

As previously reported, BlackRock's iShares Bitcoin Trust, with the ticker code IBTC, has been listed on DTCC (Depository Trust & Clearing Corporation). DTCC, established in 1999, is an American financial services company consisting of five clearing agencies and one depository institution, providing clearing and settlement services for financial markets.

It's important to emphasize that this listing does not imply that the ETF has received approval from the SEC (U.S. Securities and Exchange Commission).

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