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The Bitcoin spot ETF code jointly launched by Invesco and Galaxy has also been added to the DTCC website

2023-11-01 09:45:24

ChainCatcher news, according to Cointelegraph, the stock code BTCO for the spot Bitcoin (BTC) exchange-traded fund (ETF) jointly launched by Invesco and Galaxy has appeared on the website of the Depository Trust & Clearing Corporation (DTCC) in the United States. It is worth noting that the addition of the code to the "ETF Products" list on the DTCC website does not guarantee that a specific product will be approved in the future.

A DTCC spokesperson stated that adding securities to the NSCC securities eligibility file is a standard practice "to prepare for the launch of new ETFs" in the market. Being listed does not indicate the outcome of any pending regulatory or other approval processes.

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