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The ticker for Invesco and Galaxy’s spot Bitcoin (BTC) exchange-traded fund (ETF) — BTCO — has appeared on the Depository Belief and Clearing Company’s (DTCC) web site.
In response to internet archiver WayBack Machine, no itemizing beneath the ticker BTCO was current on Oct. 25 — that means that the ETF has been added to the listing someday within the final six days.
It is very important notice {that a} ticker being added to the listing of “ETF Merchandise” on the DTCC web site is certainly not a assure of an approval of a given product sooner or later.
A DTCC spokesperson stated it’s customary observe for it so as to add securities to the NSCC safety eligibility file “in preparation for the launch of a brand new ETF to the market.”
“Showing on the listing just isn’t indicative of an final result for any excellent regulatory or different approval processes,” the spokesperson added.
It is a creating story, and additional data will probably be added because it turns into out there.
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