Bloomberg ETF analyst Eric Balchunas said: "BlackRock has either received the green light or is just assuming and preparing for everything. We still believe that many ETFs will be launched together, rather than BlackRock alone being approved first. "
According to previous news, BlackRock’s iShares Bitcoin Trust has been listed on the DTCC under the code IBTC. DTCC (Depository Trust & Clearing Corporation) is an American financial services company established in 1999. The company consists of five clearing companies and one depository institution to provide clearing and settlement services for the financial market. It should be noted that this move does not mean that the ETF has been approved by the SEC.