DTCC, the financial services behemoth, has announced a "no collateral, no loan" policy for Bitcoin or crypto-related ETFs, effective from April 30, 2024. This means that such ETFs will see a 100% reduction in collateral value. 😱 But don't panic! This only applies to inter-entity settlement within the Line of Credit system. Lending and collateral use in brokerage activities will continue as per brokers' risk tolerance. Meanwhile, Goldman Sachs' clients are diving back into the crypto pool, spurred by the approval of spot Bitcoin ETFs. Despite a recent slowdown, US Bitcoin ETFs have amassed over $12.5 billion in AUM since their launch. 🚀