Depository Trust and Clearing Corporation Says Bitcoin and Crypto ETFs Don’t Qualify As Collateral for Financial Assets

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Name	Symbol	Market	Market Cap ($)	Algorithm
Fetch	FETUSD	Crypto	2,326,922,055	Not Mineable

	Price Change	Price Change %	Current Price	Bid Price	Offer
	0.00	0.00%	2.23	2.23	2.23

High Price	Low Price	Open Price	Prev. Close	52 Week Range
2.24	2.22	2.23	2.23	- - -

Exchange	Last Trade	Size	Trade Price	Currency
GEMN	01:40:17	50.00	2.23	USD

Price x Volume	Volume	Base Symbol	Related Pairs
258,316.33	115,772.39	FET	FETEUR	FETGBP	FETBTC

Depository Trust and Clearing Corporation Says Bitcoin and Crypto ETFs Don’t Qualify As Collateral for Financial Assets

28/04/2024 5:55pm

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 […]

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