3 IMPORTANT IMPORTANT INFORMATION related to #Bitcoin spot ETFs this evening
Appeals court asks SEC to review Grayscale's
spot Bitcoin ETF application. The SEC will have to
rely on new arguments to again deny Grayscale's
request.
BlackRock's Bitcoin ETF is now listed on the
Depository Trust & Clearing Corporation (DTCC) with
the symbol $IBTC. This is part of the process of
bringing an ETF to market.
BlackRock plans to seed its Bitcoin ETF with
capital before the end of October. Seed capital is the
initial funding that allows an ETF to launch and
become available to investors.
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