BlackRock IBTC has re-listed on the DTCC list, but has disabled the active creation of redeemable shares feature

ChainCatcher message, the information related to BlackRock iShares Bitcoin Trust (ticker symbol IBTC) that was previously removed by DTCC has been re-listed on the DTCC website, but in the Create/Redeem section, it has changed from Y to N.

It is reported that Y participants can actively create and redeem shares, which typically helps to keep the ETF's market price aligned with its net asset value; N: the ETF does not allow active creation or redemption of shares. This may lead to its trading price having a greater premium or discount compared to its net asset value.