{"title": "Blackrock's iShares Bitcoin Trust Listed on DTCC, Indicating Possible ETF Approval", "body": "According to CryptoPotato, the drive for Bitcoin ETFs has increased following Grayscale's victory in court over the SEC and the regulator's decision not to appeal the result. JPMorgan and Bloomberg Intelligence suggested that a Bitcoin ETF approval could happen by the end of January 2024. SEC Chairman Gary Gensler confirmed that he and his team were examining 8 to 10 separate ETF proposals and engaging with the companies behind them. Investors Cathie Woods and Mike Novogratz, who have both made Bitcoin ETF proposals, reported an increase in constructive dialogue with the regulator after the Grayscale court case.

Bloomberg's Senior ETF Analyst Eric Balchunas recently pointed out that Blackrock's iShares Bitcoin Trust has been listed on the Depository Trust And Clearing Corporation's (DTCC) website with the ticker iBTC. The DTCC is responsible for clearing NASDAQ trades and works closely with governments worldwide. Although this listing does not guarantee approval by U.S. regulators, it shows that Blackrock is confident in the future of its proposed fund. Financial lawyer Scott Johnson also spotted Blackrock's Bitcoin ETF CUSIP and an amendment to Blackrock's paperwork indicating that the company has already started providing seed capital for the fund.

If Blackrock's ETF is approved within the next few weeks, the SEC will likely pronounce itself on the fate of the other ETFs in roughly the same time period."}