Invesco and Galaxy’s Spot Bitcoin ETF Spot Bitcoin ETF Joins Blackrock on DTCC

Adekunle Joshua

The ticker for Invesco and Galaxy's spot Bitcoin ETF (BTCO) has finally appeared on the Depository Trust and Clearing Corporation’s (DTCC) website

Adding a ticker to the DTCC's "ETF Products" list doesn't guarantee its approval

According to the DTCC spokesperson, it is standard practice before launching a new ETF

Amidst the surge in spot Bitcoin ETF filings, the Invesco-Galaxy joint spot Bitcoin ETF application was reactivated on June 21

This revival was also in response to BlackRock's groundbreaking spot Bitcoin ETF application, which was submitted on June 15.