The Depository Trust & Clearing Corporation (DTCC) has just listed Fidelity's spot Bitcoin ETF is now with the ticker $FBTC.
Fidelity's Spot Bitcoin ETF has been included in the Depository Trust & Clearing Corporation (DTCC) website with the FBTC ticker, marking a positive development as DTCC offers clearing and settlement services for financial markets like NASDAQ.
This step is seen as a move closer to official approval. US Senator Elizabeth Warren recently labeled crypto as a new threat during an interview and advocated for its cessation. JPMorgan Chase CEO Jamie Dimon also expressed his anti-crypto stance earlier this week, stating that he would shut it down if he had the authority.
This listing aligns with the anticipated outcomes for ETFs in the current market conditions, following court orders in the Grayscale vs. SEC case, urging the Commission to approve applications by January 5 to 10, 2024.
The Depository Trust & Clearing Corporation (DTCC) has just listed Fidelity's spot Bitcoin ETF is now with the ticker $FBTC
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