According to the latest ETF product list from the Depository Trust & Clearing Corporation (DTCC) in the United States, the Bitcoin spot ETF application (Wise Origin Bitcoin Trust) submitted by asset management company Fidelity has been listed on DTCC, becoming the third potential Bitcoin spot ETF listed on DTCC after the IBTC by BlackRock and the BTCO by VanEck.
However, it is important to emphasize that the listing of ETFs on DTCC is just a standard process for the listing of financial products and is not related to whether they are approved by the SEC.
In response to this, Bloomberg analyst Eric Balchunas commented that Fidelity’s ticker symbol, like most ETFs, is “a boring name deliberately chosen to cater to the baby boomer generation.” He also mentioned that almost all ETFs that have submitted applications have already confirmed their ticker symbols, and the next significant disclosure to watch for will be the fund’s fee structure (but this information is likely to be disclosed at the last moment before the product launch, as the issuer may not want to reveal it too early).