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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


CoinGape
2024-04-27 06:29:27

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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