The ticker for BlackRock's spot Bitcoin ETF has reappeared on the Depository Trust and Clearing Corporation's (DTCC) website after a brief disappearance.
BlackRock's Spot Bitcoin ETF Removed from DTCC Website
Upon its relisting, one Twitter user noticed a change: the previous listing displayed a "Y" in the "create/redeem" column, which has now been altered to "N." Bloomberg ETF analyst James Seyffart explained, "The ‘N’ simply indicates that it's not open for create/redeem because it's not live yet."
A DTCC spokesperson clarified that it is a standard practice to add securities to the NSCC security eligibility file "in preparation for the launch of a new ETF to the market." The spokesperson further emphasized, "Appearing on the list does not imply an outcome for any pending regulatory or other approval processes."
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