Eric Balchunas: “This is first spot ETF listed on DTCC, none of the others on there (yet). Def notable BlackRock is leading charge on these logistics (seeding, ticker, dtcc) that tend to happen just prior to launch. Hard not to view this as them getting signal that approval is certain/imminent”
https://x.com/EricBalchunas/status/1716532562384834992?s=20
DTCC clears and settles virtually all broker-to-broker equity, listed corporate and municipal bond and unit investment trust (UIT) transactions in the U.S. equities markets.
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