BlackRock's Bitcoin ETF Makes Nasdaq Debut, Says Bloomberg Analyst

BlackRock's proposed iShares spot Bitcoin ETF has been listed on the Depository Trust & Clearing Corporation (DTCC), indicating potential approval by the SEC. The ETF, with a ticker symbol of IBTC, is expected to be listed on the Nasdaq stock exchange. Analysts believe this development is a positive sign for SEC approval and could pave the way for other spot crypto ETF filings. The SEC has until January 10, 2024, to make a final decision on BlackRock's application.