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BlackRock's iShares has been relisted on the DTCC website, but with a modified "creation/redemption" description.

According to data from its official website on October 25th, BlackRock's subsidiary iShares Bitcoin Spot ETF has reappeared on the DTCC (Depository Trust & Clearing Corporation) website, but the "Create/Redeem" option has changed from "Y" to "N". If "Create/Redeem" shows "N", it means that the ETF currently does not allow "creation and redemption" operations. Normally, this "creation and redemption" mechanism allows large investors to exchange baskets of stocks directly with ETF providers to ensure that the difference between the market price of the ETF and its net asset value (NAV) remains within a smaller range. However, if an ETF does not allow this operation, its market price may deviate significantly from its net asset value. Since the ETF has not yet been approved by the SEC, it cannot be traded on the public market. This may also be one of the reasons why the ETF does not allow "creation and redemption" operations.
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