Cryptocurrency Q&A
Is DTCC bringing a crypto ETF to market?
Is DTCC bringing a crypto ETF to market?
ShintoSanctum
Sat Jun 22 2024
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5 answers
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Has the Depository Trust and Clearing Corporation (DTCC) officially announced plans to launch a cryptocurrency Exchange-Traded Fund (ETF) in the market? If so, what are the details of this potential product, such as its underlying assets, management fees, and expected launch date? Are there any regulatory hurdles that DTCC needs to overcome before bringing this ETF to market? How would such a product fit into the current crypto and financial market landscape, and what impact could it have on investors and the industry at large?
5 answers
CryptoTitan
Mon Jun 24 2024
On October 23, in a thread on X (formerly Twitter), Eric Balchunas, an ETF analyst from Bloomberg, made a significant observation.
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Nicola
Mon Jun 24 2024
Balchunas's assertion suggests that the DTCC's inclusion in the crypto ETF process is not just a minor step but a pivotal one, indicating the maturing of the cryptocurrency market and its increasing acceptance in traditional financial systems.
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Ilaria
Mon Jun 24 2024
Balchunas commented that the DTCC listing was intricately tied to the overarching process of bringing a cryptocurrency Exchange-Traded Fund (ETF) to the market.
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henry_miller_astronomer
Mon Jun 24 2024
This statement underscores the significance of the DTCC's role in the broader crypto ETF ecosystem and the interconnectedness of various market components.
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HallyuHeroine
Mon Jun 24 2024
The DTCC, as a post-trade market infrastructure provider, plays a crucial role in facilitating the clearing and settlement of securities transactions.
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