Bloomberg analyst James Seyffart stated on X platform that Bitwise has updated its Bitcoin ETF filing with the SEC, in response to comments and concerns raised by the SEC, which is in line with market expectations. If Bitwise's product is approved by the SEC, it will trade under the code BITB. Seyffart stated that he did not see anything different from other filings in this version, but rather that more progress has been made, representing ongoing dialogue between the SEC and these applicant companies.

Gary Gensler, Chairman of the US Securities and Exchange Commission, refused to outline any plans regarding the agency's exchange-traded fund (ETF) for spot Bitcoin trading during an interview today. He stated that these are matters for employees to consider and that he will "let things develop naturally" before staff present recommendations to the five-member committee. When asked for any hints regarding the possible timing or application progress, Gary Gensler declined to comment.

In August 2023, the Bitcoin Trust ETF of BlackRock (BLK.N) was added to the eligibility document by the Depository Trust & Clearing Corporation (DTCC) Table IV. Being on the list does not indicate any indication of unresolved regulatory or other approval results. Adding securities to the NSCC securities eligibility document is a standard practice for launching new ETFs to the market.

According to official website data, the iShares Spot Bitcoin ETF (IBTC) of BlackRock has been relisted on the DTCC (Deposit Trust and Clearing Corporation) website. Earlier, IBTC was removed from the website and DTCC experienced a brief outage. This was reported by Jinse Finance.

Crypto funds worldwide received over $61 million in new capital on Monday, with almost all of it going towards Bitcoin funds. The influx of capital coincided with Bitcoin's price reaching $35,000, as investors eagerly await a spot Bitcoin ETF to reach the US market. The majority of the inflows came from Germany and Canada, where spot Bitcoin ETFs have been launched. However, US investors are still waiting for approval for a physical Bitcoin ETF, as existing products have seen virtually no flows in the last month. Both Grayscale and 21Shares are competing to launch a spot Bitcoin ETF, with the SEC required to either approve or deny the Ark/21Shares Bitcoin ETF application by January 10.

Tom Gorman, a former lawyer for the Securities and Exchange Commission (SEC), said on the Bloomberg Crypto program that the approval of a Bitcoin ETF for spot trading by the SEC is not guaranteed.

Regarding rumors that "DTCC website has relisted BlackRock iShares Bitcoin Trust (IBTC)", after verification, this news is false, and the rumor-monger used screenshots from a few days ago.

DTCC website is currently down and cannot be accessed. Earlier reports indicated that the BlackRock iShares Bitcoin Trust (IBTC) had been removed from the DTCC page. Bloomberg ETF analyst James Seyffart speculated that BlackRock may have received a notice from the SEC.

Bitcoin's value dropped over 3% from its position near $35,000 after the removal of BlackRock's spot bitcoin ETF ticker, IBTC, from the DTCC website. The ticker's appearance had led to speculation about the approval of a spot bitcoin ETF, which contributed to Bitcoin's rise from $30,000 to over $35,000. Institutional investors have shown increasing interest in bitcoin futures, with open interest reaching a record high of $3.4 billion on Monday, according to data from the CME.

According to a report by Galaxy Research, the approval of a Bitcoin ETF for spot trading could bring in significant amounts of capital. The report suggests that the US wealth management industry may be the most accessible and direct market, and could gain the most net new accessibility from an approved Bitcoin ETF. As of October 2023, the total assets managed by brokers, banks, and RIA amounted to $48.3 trillion. Based on these industry figures, the potential market size for the first year after the launch of a US spot Bitcoin ETF could reach $14 trillion, $26 trillion in the second year, and $39 trillion in the third year.