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Market Cap:
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Bitcoin Bitcoin Share: 49.84%
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CoinGape
2024-04-27 06:29:27

DTCC Says ETFs With Bitcoin Exposure Will Have Zero Collateral Value for Loans

DTCC Says ETFs With Bitcoin Exposure Will Have Zero Collateral Value for Loans

Financial services giant DTCC has made it absolutely clear that it will assign zero collateral to exchange-traded-funds (ETFs) having exposure to either Bitcoin or cryptocurrencies and will provide no loans against them. DTCC Giving A Big Blow to Bitcoin ETFs? Starting April 30, 2024, the Depository Trust & Clearing Corporation (DTCC) will enact amendments to The post DTCC Says ETFs With Bitcoin Exposure Will Have Zero Collateral Value for Loans appeared first on CoinGape .

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