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Bitwise’s Spot Bitcoin ETF Listed on DTCC Under BITB Ticker
Bitwise Asset Management has listed its spot Bitcoin exchange-traded fund (ETF) on the Depository Trust and Clearing Corporation (DTCC). This comes after Fidelity Investments listed its FBTC spot Bitcoin ETF on the DTCC’s active and prelaunch list last week.
Bitwise’s move is evidence of the firm’s confidence that a spot Bitcoin ETF will be approved in the United States soon. Chief Investment Officer Matt Hougan stated that while the firm is aware that regulators are yet to approve a spot Bitcoin ETF, it is “preparing as though there’s going to be a launch.”
“We’re preparing marketing and sales strategies and press and all those things, and we’re working with regulators to try to push things ahead,” he said in an interview with ETF.com. “But until you cross the finish line, you just don’t know.”
DTCC data shows that the Wise Origin Bitcoin FD SHS is listed under the ticker BITB. Bitwis
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