The iShares Bitcoin Trust is making strides towards launching an Exchange-Traded Fund (ETF), with its recent listing on the Depository Trust & Clearing Corporation (DTCC), as per Eric Balchunas, Senior ETF Analyst for Bloomberg. The DTCC is a major entity handling the clearing of NASDAQ trades. The forthcoming ETF's ticker symbol is expected to be $IBTC.

This listing is the latest in a series of steps necessary to bring a Bitcoin ETF to market, representing significant progress in the mainstream adoption of cryptocurrency-based financial products.