Depository Trust and Clearing Corporation Says Bitcoin and Crypto ETFs Don’t Qualify As Collateral for Financial Assets
April 28 2024 - 12:55PM
The Daily Hodl
The Depository Trust and Clearing Corporation (DTCC) has
declared that exchange-traded funds (ETFs) linked to Bitcoin (BTC)
or cryptocurrencies have no collateral value as investments. In an
announcement, the DTCC, which provides clearing and settlement
services to the financial markets in the US, says digital
asset-linked ETFs will be subject to a 100% “haircut.” “No […]
The post
Depository Trust and Clearing Corporation Says Bitcoin and Crypto
ETFs Don’t Qualify As Collateral for Financial Assets appeared
first on The Daily Hodl.
...
Continue reading Depository Trust and Clearing
Corporation Says Bitcoin and Crypto ETFs Don’t Qualify As
Collateral for Financial Assets
The post
Depository Trust and Clearing Corporation Says
Bitcoin and Crypto ETFs Don’t Qualify As Collateral for Financial
Assets appeared first on
The Daily Hodl.
Bitcoin (COIN:BTCUSD)
Historical Stock Chart
From May 2024 to Jun 2024
Bitcoin (COIN:BTCUSD)
Historical Stock Chart
From Jun 2023 to Jun 2024