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Fidelity’s Wise Origin Bitcoin Trust and BlackRock’s iShares Bitcoin Trust have both been added to the Depository Trust and Clearing Corporation’s (DTCC) list of new securities, with tickers FBTC and BTC respectively. While awaiting approval from the Securities and Exchange Commission (SEC), this step is a standard procedure for ETF providers preparing to launch new funds.Notably, over a dozen asset managers, including BlackRock, Grayscale, VanEck, and WisdomTree, are seeking SEC approval for spot Bitcoin ETFs. Bloomberg ETF analyst James Seyffart predicts that the SEC may approve a wave of Bitcoin ETFs in early 2024, with a potential decision window of January 5-10.When the news of BlackRock’s addition to the DTCC broke in October, Bitcoin’s price experienced an 11% surge within 24 hours, and the rally continued, briefly pushing the price above $35,000. Currently, Bitcoin is trading at nearly $44,000, showing a 0.3% change over the past 24 hours according to CoinGecko.