Bitcoin ETF disappears from DTCC website. Bitcoin gives back some gains

<p>Bitcoin has fallen $1000 in the past few minutes, wiping out a portion of today's huge gains. The reason appears to be that the ticker IBTC appears to have disappeared from a <a href="https://www.dtcc.com/products/cs/exchange_traded_funds_plain_new.php" target="_blank" rel="nofollow">list </a>of ETFs on the DTCC website.</p><p>When Blackrock's bitcoin spot ETF first appeared on the site yesterday, it was seen as a sign that the approval of a spot bitcoin ETF was imminent.</p><p>It's no longer there.</p><p>I wouldn't say that changes the odds of a bitcoin spot approval — it's a slam dunk — but it might change the timeline. There is obviously a huge front-run ongoing for the spot ETF approval.</p><p>As far as I'm concerned there's only one question regarding bitcoin trading. Do you 'sell the fact' when the BTC spot ETFs are finally approved, or when they first start trading?</p>

This article was written by Adam Button at www.forexlive.com.