BlackRock's bitcoin (BTC) ETF, called "iShares Bitcoin Trust", is now listed on the DTCC (Depository Trust & Clearing Corporation).
This is the entity that, according to Nasdaq, is responsible for the clearing, settlement and servicing of securities in the US market. It means that the ETF, with the ticker IBTC, is now officially recognized.
The US Securities and Exchange Commission (SEC) is still pending approval of the financial product. But, as Eric Balchunas, a Bloomberg Intelligence specialist, explains, BlackRock is on the right path:
