Disappearance of BlackRock’s iShares Bitcoin Trust from DTCC Raises Questions
A new mystery has emerged in the financial markets as the BlackRock ETF (iShares Bitcoin Trust) label is no longer appearing on the Depository Trust & Clearing Corporation’s (DTCC) website. This sudden withdrawal has naturally sparked questions and speculation in the cryptocurrency market.
The appearance of $IBTC on the DTCC initially caused a significant rise in the price of Bitcoin, reaching up to $35,000 overnight. However, the sudden removal of the fund from the list resulted in a 3% drop in the price of Bitcoin, which fell to around $33,600 before climbing back to around $34,000 as of the time of writing.
The DTCC and BlackRock Remain Silent
Neither the DTCC nor BlackRock have commented on this matter, leaving the crypto community in total uncertainty.
This mysterious event comes at a time when many US giants are awaiting approval for their Bitcoin ETFs from the Securities and Exchange Commission (SEC).
