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
Bitget Live Trading Competition: Share 20,000+ USDT Prize Pool
LINEAUSDT now launched for futures trading and trading bots
Announcement on Bitget listing MRVLUSDT,RIOTUSDT,GMEUSDT STOCK Index perpetual futures
Bitget to convert LINEAUSDT perpetual futures from pre-market trading to USDT-M perpetual futures
Trending news
MoreCrypto prices
More
