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BTC Breaks $35K as iShares BTC Trust Gets Listed on DTCC

Published 10/24/2023, 07:48 PM
Updated 10/24/2023, 08:15 PM
© Reuters. BTC Breaks $35K as iShares BTC Trust Gets Listed on DTCC
BTC/USD
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  • Lookonchain suggested that the iShares Spot Bitcoin Trust getting listed on the DTCC may be the main reason cryptocurrency prices jumped.

  • The SEC has also accepted a rule change to list and trade shares of the Grayscale Ethereum Futures Trust.

  • Meanwhile, crypto analyst Ali revealed that the next 2 critical areas of resistance for BTC are $38,440 and $47,360.

Lookonchain, the on-chain tracking platform, revealed in an X post earlier today the main reason the market leader Bitcoin (BTC) has surged over the past 24 hours. According to the post, the iShares Spot Bitcoin trust has been listed on The Depository Trust & Clearing Corporation (DTCC).

Lookonchain also shared that the U.S. Securities and Exchange Commission (SEC) has accepted the rule change to list and trade shares of the Grayscale Ethereum Futures Trust. The cryptocurrency market saw its collective …

The post BTC Breaks $35K as iShares BTC Trust Gets Listed on DTCC appeared first on Coin Edition.

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