⚡ SEC Charges BlackRock, IBTC Back on DTCC
posted 25 Oct 2023
The U.S. Securities and Exchange Commission (SEC) has charged BlackRock with misrepresenting investments in the entertainment industry.
As part of the resolution, BlackRock has agreed to pay a $2.5 million fine.
On another note, the IBTC ticker associated with the iShares Bitcoin Trust has reappeared on the DTCC website. It's been revealed that BlackRock's spot Bitcoin ETF was added to the clearing corporation's eligibility file in August.
With these mixed signals, Bitcoin's course is a question mark.
As part of the resolution, BlackRock has agreed to pay a $2.5 million fine.
On another note, the IBTC ticker associated with the iShares Bitcoin Trust has reappeared on the DTCC website. It's been revealed that BlackRock's spot Bitcoin ETF was added to the clearing corporation's eligibility file in August.
With these mixed signals, Bitcoin's course is a question mark.
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