The ticker for Invesco and Galaxy’s joint spot Bitcoin ETF, BTCO, now appears on the Depository Trust and Clearing Corporation’s website.
The Invesco Galaxy Bitcoin ETF now appears on the clearing house’s site but doesn’t indicate an impending approval.The ticker for Invesco and Galaxy's spot Bitcoin exchange-traded fund — BTCO — has appeared on the Depository Trust and Clearing Corporation’s website.According to web archiver WayBack Machine, no listing under the ticker BTCO was present on Oct. 25 — meaning that the ETF has been added to the list sometime in the last six days.
It is important to note that a ticker being added to the list of"ETF Products" on the DTCC site is by no means a guarantee of an approval of a given product in the future.for it to add securities to the NSCC security eligibility file “in preparation for the launch of a new ETF to the market.” “Appearing on the list is not indicative of an outcome for any outstanding regulatory or other approval processes,” the spokesperson added.3 things we might see from crypto as 2023 winds to an end
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