Spot Bitcoin ETF by Fidelity was listed on the Depository Trust & Clearing Corporation (DTCC) website under the FBTC ticker.
Growing Institutional Acceptance
Fidelity Investments has achieved a significant milestone in the dynamic cryptocurrency landscape. The company successfully placed its spot Bitcoin Exchange-Traded Fund (ETF) on the Depository Trust and Clearing Corporation (DTCC).
The ETF, listed under the ticker FBTC, is considered a bullish development as DTCC provides clearing and settlement services for financial markets, including NASDAQ. This move signifies a step closer to official approval, aligning with recent listings of other applications like BlackRock on the DTCC.
Fidelity’s decision to list its spot Bitcoin ETF on the DTCC underscores the increasing institutional acceptance of digital assets.
Market Conditions and Regulatory Landscape
The listing aligns with the current market conditions for ETFs and follows the court orders in the case of Grayscale vs. SEC. T
We współpracy z: https://cryptodaily.co.uk/2023/12/fidelity-lists-spot-bitcoin-etf-on-dtcc
