In a groundbreaking move that has reverberated across financial markets, the Depository Trust & Clearing Corporation (DTCC) has announced significant changes to collateral values for certain securities, notably Exchange-Traded Funds (ETFs) featuring exposure to Bitcoin and other cryptocurrencies. Effective April 30, 2024, these ETFs will face a 100% haircut, signaling a seismic shift in the treatment of digital assets within the traditional financial infrastructure.·
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