DTCC Website Went Down: BlackRock BTC ETF Back Relisted Again

DTCC Website Went Down: BlackRock BTC ETF Back Relisted Again

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In what has been identified as a technical glitch,BlackRock’s famed Bitcoin iShare ETF disappeared from the DTCC website.
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BTC plummeted $763.19 in just two minutes when the glitch was reported.
Since past few weeks Bitcoin Price has been selling off as doubt and fear spreads in the market that spot Bitcoin Exchange Traded Fund (ETF) approvals might not be as close as earlier. When writing, on October 25, DTCC website was accessible and the ticker of BlackRock’s Bitcoin iShare ETF got relisted.
The news of removal of BlackRock’s iShare Bitcoin Trust ticker from the DTCC (Depository Trust & Clearing Corp) website was first reported on ‘X’ by an international journalist Joe Light. 
Talking about the news, Eric Balchunas (Senior Analyst Bloomberg) mentioned that he wasn’t “totally shocked”, he added that “they were told to or want to wait until they are days not weeks or months away to spot Bitcoin ETF approval. 

Source: Host Err

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