Topic: ETF $IBTC REMOVED IN DTCC WEBSITE!! MANIPULATION COMING OUT? (Read 331 times)

Hmm maybe, because in the end they still returned but like he said there are only changes. That is only the sad part there because it can be a manipulation that have occurred again. As a trader, their trades can get messed up with the price change or also to the reaction and action made by those who panicked.

But, if we are an investor, we can remain to calm down as the storm can always pass. Or you can also take advantage of the drop in the price but you should be careful since the volatility might be a little higher now. I get your point there for being late. It allows you to know the truth better. Besides, there are still more to come later on.

While I don't pay such attention to ticker and all the news, I was surprised (in a good way) by the pump and this topic seemed to bring the explanation, but not the lack of dump afterwards.
Your post, on the other hand, brings a much more logical explanation for what has happened (and is actually still happening).

I'm glad someone is paying attention here. I also read that it was initially listed in August, although I couldn't find a reliable source to prove it. No archive or anything.


Personally I think it 99% was this. You're right that anyone could have checked since August, but the reality is it seemed no-one did, hence the news only breaking this month. That is of course if the rumours were true that it first appeared in August, given I haven't seen any proof of that yet, it could just be a rumour attempting to temper expectations / manipulate price back to the downside.

The fact that it took a few hours for price to rally makes sense, that's how long it takes for news to spread on twitter/elsewhere and for people to take it seriously, and for the price to break through resistance.


I think many people took the ticker listing not as a sign of approval, but a sign that Blackrock (and now Ark) believe it will be listed. As far as I understand in order to make this listing you need to have the available starting liquidity for such an ETF. In Blackrock's case, this potentially means they bought Bitcoin as far back as August to cover this, so people got bullish with the idea that Blackrock bought Bitcoin, which they would have only done so if they believed an approval would be coming soon - or at least that's the theory. It could also simply mean they believe the BTC they buy will be worth more at time of listing, even if that's months/years away.

The other reason for people to be bullish would be that other ETF applicants may also now be creating their tickers and needing to acquire the necessary liquidity for launching, at current prices. Sure this is all 100% speculation regardless, but often enough that can be what initially moves the market, prior to genuine demand over an asset that is having a strong recovery from a bear market.

My colleague actually shorted his BTC futures trading position before the news came out of $IBTC being temporarily removed in the DTCC website. Got lucky in his instincts but he also did not expect this to happen.

It's the reason why it got pull back a bit to as much as $33.5k but now we're at $34.5k as of this time of writing. If the Bitcoin bulls would keep up this momentum by maintaining a projected support level, there is a possibility that we might be going up even further to breach $35k and above.

$40k can be possible if ever Blackrock or any other pending ones out there would get approved by the US SEC. However, we should also expect the unexpected too just in case there's a news that would really impact the price like what FTX, Terra Luna and Celsius to the whole crypto market caused last time.

Reading it is not too bad but if let it affects your decisions and turns you to be FOMO (when you believe Bitcoin Spot ETF is approved) or panic (when you realize that it is untrue) is very bad.

Simply hold your bitcoins and if a first Bitcoin Spot ETF approval actually comes, you will know it in one day or two or more calmly, I see no problem if I know about it one week or two weeks later than other people. When a Bitcoin Spot ETF goes live, whales and their big capital will not pour in Bitcoin market immediately and effects from their capital flow will be long lasting.

Because market must be warmed up before skyrocketing and whales need a long time to complete their Distribution phase, so I will have enough time to take profit.

This is of course a normal action to protect investors and traders because of this dishonorable thing. Investors and traders who continue to enter high prices inevitably also have two painful choices, between abandoning their investment and waiting until Bitcoin prices soar high or withdrawing their funds back with some losses. Of course, investors with large funds starting to withdraw funds will cause market panic and cause prices to crash. But there is another possibility of several factors that make prices remain stable or rise again, namely market, investor and retail optimism because Bitcoin is still in the hot bull period, of course there are also several rumors regarding the belief that the SEC will accept ETFs. Plus the geopolitics that are going on.



Yes, I think so. This is the period of ETF hype which can give rise to hope in BTC. For traders, perhaps this is the most beautiful gift that appears after a big storm hits. We can feel the euphoric aura of rising prices. However, I am also worried, the situation that I think was created for this might hold a frightening specter. But while there is FOMO like this, why not?

Not only was blackrock's IBTC just listed back on DTCC, if you check right now, The Ark Invest Bitcoin Spot ETF was also just listed on DTCC. I'm wondering with so much positive news about the ETF release, will the SEC approve the ETF this year and will we have a bull season before the halving? I think with this news, the market will continue to hype and bitcoin will be able to surpass $35k this month. We don't need to know if they are manipulating the market or not but we should enjoy this moment, the bull season is coming and the reward will only be for those who deserve it.
https://twitter.com/rovercrc/status/1717138092383928445

After I checked the dtcc.com site, it appeared again but there were several data changes. In anticipation of some sensitive matters, maybe we as fans, holders, investors and even traders, should not be too panicked and tense about this. Especially traders will be greatly affected by this, but for long-term investors and holders this is not a problem and could possibly be an incentive to make more purchases.

IBTC Ticker for Blackrock's iShares #Bitcoin    ETF has just appeared once again on the DTCC website after being removed earlier today.

This is an interesting way to manipulate the prices. #TickerGate #BitcoinETF

https://twitter.com/WhaleWire/status/1716937952411177030?t=bHEG5YtpQB7eFAqTFWHk4Q&s=19

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And there has been some noise regarding changes to the DTCC iShares Bitcoin Trust (IBTC) listing as mentioned below;

One significant change in the DTCC iShares Bitcoin Trust (IBTC) listing I see here. The original listing (on the right) had a "Y" under create/redeem. This one has an "N." What does that mean @EricBalchunas @JSeyff ?
https://twitter.com/joelight/status/1716938062159294510?t=Gcv7NiJkOkS4auChe0UnWg&s=19

They re-added it again as the poster above has mentioned but if you dig further you will realise that it was actually listed on DTCC back in August. They made a post about and they also said its not a full gaurantee that it will get listed.

So I don't think yesterdays rally had anything to do with DTCC since it rallied hours AFTER someone posted that on twitter AND the DTCC had it listed since August and anyone could of checked before hand. I think this rally is due to some insider knowing 100% its approved or will be approved sometime within the next few weeks. Don't think its retail buyers which are causing this.

It was almost too good to be true. I was even wondering how come DTCC would list a security that isn't approved yet.
The rumors were running wild in the meantime, and not even a word from DTCC itself. It only remains to be seen if prices will fall after this...

They understand that the impact of these ETFs seems to be quite significant for rapid price changes, and so far, the price of BTC is still holding at $33,900. This means that the removal of the IBTC ticker from DTCC hasn't shaken buyers' confidence that a rejection is imminent. Until an official announcement is made, everyone will likely continue to hold onto their coins, especially those in the top 10 market cap.

I'm eager to observe the market's reaction for a while longer because, as of now, there are no signs of the market turning red. Will the market truly choose to hold at this new support point, or will it return to the $25k-$30k range in the near future?

Perhaps everyone, like me, is awaiting the next moves, even though I bought BTC several months ago.

Yes, it's natural to be disappointed by this incident, because it's truly terrible that manipulation exists and many parties may be involved, and I'm sure this happens in any market, and we ourselves have finally seen it clearly in Bitcoin together.

Apart from that, it is true that it is like a free ride or a free slot machine that is available for free only to someone who has the term ticket.


That might apply to you or some people you know. However, if you look at it in general, many of us, even influencers on Twitter, are excited about the ticker and are calling for bulls.


This could be a big loss, it's true, if someone experienced a loss as a result of this, I also doubt they would take legal action for this incident. However, the SEC should naturally give a warning or legal warning to DTCC for the commotion they caused. Let's see what will happen in the future. We know the SEC is only vocal about Bitcoin and crypto but when this field is hurting what is their response?

Oh yeah, this is what they do. My first instincts came in when this fake ETF news surfaced on Twitter. Seeing the incredible move proves that these whales are ready to do anything to manipulate the market using ETF as their escape root.

Well, are we going to go out of the market? No! Because everyone would have gotten a strategy they did use to follow up on every trend. I have a few in some of my posts already

UPDATE: BlackRock's IBTC is back listed on DTCC.
Is it price manipulation, or just a typo or display error...no one knows exactly what's going on. In my opinion, we should be careful with all the news that is released, not Fomo because this is still a very sensitive market time. If we Fomo, just one piece of news is released, everything will turn around very quickly and we will have to pay a heavy price. Whether this is manipulation or just a typo, we should be well prepared because the approval of ETFs is only a matter of time and we will have a super bull cycle.

I am the one who don't think that the effect of the ETF to the market when approved will diminish.  I also think that when the actual approval is announced, the price will surge more than when the fake news was released.  Though I think that this current fake news and fake listing are some of the manipulative action to make a temporary hype in the market, it is more likely that this uptrend will find it hard to maintain since there is really no reason for the uptrend except for some stimulation to make the positive sentiment of the market somehow FOMO.


We might see the market to uptrend and try to revisit the $40k threshold but it is a question of whether these manipulators still have some trick on their sleeve to rally the price of BTC to that extent this October.

I even suspect the SEC is also engaged in market manipulation along with some other sharks, the game is not just the sharks and us but may also involve many law enforcement agencies like SEC. But the funny thing is that many people still stubbornly do not believe that bitcoin is manipulated, they think that it is decentralized and too big to manipulate, LAUGH! They don't know that the total market capitalization is only 1000 trillion while bitcoin is just over 600 million dollars, a very small number when talking about financial markets. Bitcoin prices are being seriously manipulated, let alone impossible for anyone to manipulate.

You're right, we can't do anything else and should instead ride with it to fill our pockets.

Maybe they really did make a mistake listing $iBTC listing on DTCC, could be honest mistake or not. But we really don't know. And we should understand that this is how the market works, I mean it might be manipulation by some entities to profit, but as a retail investors who are looking for the long term, do we really care? Of course, it's good to see that huge price spike and seeing our portfolio grow.

But still, if we look at it, we are still technically in the bear cycle, so we shouldn't expect a bull run yet. On the other hand, if you are tempted to sell or already sold some of your stash, then good, profits is on your way.

However, for the majority, again long term investors, maybe it's their first time, or already experience, the key for them is to just HODL and wait for the eventual bull run in 2024-2025.

Some may have concluded this was manipulation that would diminish confidence in bitcoin even if a spot bitcoin ETF was later approved. But believe me - this is what will happen to the bitcoin market if a spot bitcoin ETF is actually approved. The price of bitcoin can fly to the moon in a few hours and it will be the best moment when seeing how enthusiastic investors are buying and buying.

I don't know what the best conclusion would be with what's happened recently - but everyone should be careful because FOMO and FUD can apparently be created very easily. The price is still above $34K - so don't worry too much although some things may make you doubt.

That's probably the thing. They did not expect this listing to stir things up as much as it did.

In another thread there was a post showing the whole site went down for a while which means they were getting so much new traffic that it overloaded their servers.
Everybody wanted to check if the ETF is really listed so they took it off.

Whatever the problem was what matters is that they have it ready, so they're expecting this thing to go live at any moment.

It is a solid proof that the current action like fake news and ETF ticker listing  is a manipulation move of some influential people.  This fake moves gives traders and investors an optimistic sentiment toward Bitcoin and encourage them to inject more funds to the Bitcoin market that resulted in the current uptrend.  I do not know what will happen next after these lies but I have a feeling that this action is some kind of bull trap unless a really good news will come out adding fuel to the positive sentiment of the market.

After reaching $34k+  the current Bitcoin market is moving sideway and I have a feeling that traders who felt being cheated will start pulling out their investment and will be more conservative than the previous aggressive demand due to the FOMO created by the fake news and removal of ETF from the DTCC website.  And a possible correction might be on its way.