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🚀 BREAKING NEWS: $AVAX ETF ENTERS FINAL ROUND, DTCC HAS LISTED!
DTCC Lists Bitwise Avalanche ETF ($BAVA) – Great Opportunity or Just a Procedure?
The crypto market is buzzing with extremely positive news: Bitwise's Spot Avalanche ETF has officially appeared on the list of the Depository Trust & Clearing Corporation (DTCC), the leading clearing and settlement organization for securities in the U.S. The trading code listed is $BAVA.
THE MEANING OF THIS ACTION
1. Operational Readiness: The DTCC listing of $BAVA indicates that all technical "pipelines" for ( clearing & settlement ) are ready. This is a mandatory and important step, signaling that Bitwise is actively preparing for the launch.
2. Strong Institutional Signals: Bitcoin and Ethereum ETF funds have previously appeared on DTCC before receiving final approval from the SEC. This reinforces the belief that an ETF fund is closer than ever.
However, investors need to remember: DTCC listing is NOT SEC approval.
THE REMAINING ISSUE: SEC
• The final decision still lies with the U.S. Securities and Exchange Commission (SEC). The SEC will review the entire file, from market oversight to investor protection.
• With many other altcoin ETFs such as SOL, XRP also waiting for a decision, the approval for ( could open up a new "Altcoin ETF wave" in the market.
👉 Your perspective: Could this event push ) beyond important resistance levels in this Q4? Or is this just a "buy the rumor, sell the news" move?
$AVAX Avalanche $AVAX ETFs #AVAX BAVA #MarketRouteToRecovery Bitwise