Bitcoin Falls Over 3% as BlackRock's IBTC Ticker Removed from DTCC Website
Bitcoin's value dropped over 3% from its position near $35,000 after the removal of BlackRock's spot bitcoin ETF ticker, IBTC, from the DTCC website. The ticker's appearance had led to speculation about the approval of a spot bitcoin ETF, which contributed to Bitcoin's rise from $30,000 to over $35,000. Institutional investors have shown increasing interest in bitcoin futures, with open interest reaching a record high of $3.4 billion on Monday, according to data from the CME.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
[Initial listing] Bitget to list Kiichain (KII)
New data display features added to the futures elite trader homepage
CFD profit share feature upgraded for safer earnings
New stock categories added to the market selection pop-up in the elite trade section
Crypto prices
More
