Bitcoin ETF

James

<ul class="news-points"> 
 <li><strong>Over the past few days, the SEC has had meetings with Grayscale, Franklin, Fidelity, and BlackRock.</strong></li> 
 <li><strong>Both the Division of Trading and Markets and the Division of Corporate Finance attended the meetings.</strong></li> 
 <li><strong>BTC’s price decreased by more than 2% over the past day of trading, which left it trading hands at&nbsp; $40,877.79.</strong></li> 
</ul> 
<p>An analyst covering NFTs and the cryptocurrency industry, James Seyffart, shared in an X post yesterday that four different issuers have met with the U.S. <a href="https://coinedition.com/tag/sec/">Securities and Exchange Commission (SEC)</a> concerning their Bitcoin ETF filings over the past few days. Grayscale, Franklin, and Fidelity each had meetings with the regulator last week.</p> 
<p>Meanwhile, BlackRock met with the SEC on December 11 for the third time in as many weeks. Seyffart’s post pointed out that both the Division of Trading &amp; Markets and the Division of Corporate Finance attended the meetings. These divisions will ultimately decide if the Bitcoin ETFs will be approved or denied.</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper"> 
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr">And this one: <a href="https://t.co/mmowUS2V09" target="_blank" rel="nofollow">https://t.co/mmowUS2V09</a></p>— James Seyffart (@JSeyff) <a href="https://twitter.com/JSeyff/status/1734683160393478219?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">December 12, 2023</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
 </div>
</figure> 
<p>The chairperson of the SEC Gary Gensler himself explained the roles that each of these divisions will play in making the…</p>
<p>The post <a href="https://coinedition.com/bitcoins-price-drops-despite-sec-meetings-on-etf-approvals/">Bitcoin’s Price Drops Despite SEC Meetings On ETF Approvals</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.</p>

Bitcoin’s Price Drops Despite SEC Meetings On ETF Approvals

Coin Edition

Other articles published on Dec 13, 2023

3 Things Stand in Shibarium's Way to History

What is GAS Coin?

Very Critical Step for the Industry in the US: Cryptocurrency Accounting Rules Are Coming – Micha...

Analyst Highlights Key SEC Meetings, Pointing to a Bright Future for Bitcoin ETFs

S&P casts doubt on Tether's stability, USDT reserves

PEPE Memecoin: Decoding Key On-Chain Metrics and Trends

Join our free newsletter for daily crypto updates!