The SEC met with BlackRock for the third time to discuss spot Bitcoin ETFs. This discussion focused on whether to allow physical creation models.
On December 13th, Bloomberg analyst Eric Balchunas cited regulatory memorandum documents stating that BlackRock had its third meeting with the SEC on December 11th to discuss details of its physical Bitcoin ETF. The attendees of the third meeting included Rachel Aquirre, the head of BlackRock's US iShares products, and mostly lawyers.
The focus of this meeting was reportedly to "convince the US SEC to allow a physical creation model in the first round of approval."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
If You’ve Held XRP from $0.006 to $3, Expect Prices Beyond Expectations: Expert Says
Could $1000 XRP Become a Reality? Understanding The Hidden Plan
Solana’s midnight patch job isn’t the sign of decentralization
Bitcoin returns to $98K as Fed holds rates steady despite Trump’s demand
Trending news
MoreCrypto prices
More
