Bitcoin ETF

Bitcoin

Spot

<table style="width: 100%; border-collapse:">
 <tbody>
  <tr>
   <td style="width: 100%; text-align: left;"><a href="https://en.coinotag.com/altcoin-exchange-1333421/" target="_blank" rel="noopener noreferrer nofollow"><strong><span style="color: #000000;">Before you reading, did you missed the PEPE?<span style="color: #e67e22;"> No worries, click here to 100x potential memes!</span></span></strong></a></td>
  </tr>
 </tbody>
</table>
<ul>
 <li>Seyffart shared that in the past few days, four different issuers have met with the U.S. Securities and Exchange Commission (SEC) regarding their Bitcoin ETF applications.</li>
 <li>BlackRock met with the SEC for the third time in the last three weeks on December 11. Seyffart’s post mentioned the participation of both parties in these meetings.</li>
 <li>While these meetings could be a positive sign that approval for a Bitcoin ETF is on the horizon, it hasn’t had a positive impact on the price of Bitcoin (BTC).</li>
</ul>
<p><strong>Renowned ETF analyst Seyffart details the meetings between the SEC and investment firms: Are approvals approaching for Spot Bitcoin ETFs?</strong></p>
<h2 id="strong-sec-discusses-spot-bitcoin-etfs-with-companies-strong"><strong>SEC Discusses Spot Bitcoin ETFs with Companies</strong></h2>
<p><img loading="lazy" decoding="async" class="alignnone size-full wp-image-128182" src="https://i0.wp.com/en.coinotag.com/wp-content/uploads/2023/09/SEC-1.webp?resize=696%2C392&amp;quality=70&amp;ssl=1" alt="SEC" width="696" height="392" srcset="https://i0.wp.com/en.coinotag.com/wp-content/uploads/2023/09/SEC-1.webp?w=1280&amp;quality=70&amp;ssl=1 1280w, https://i0.wp.com/en.coinotag.com/wp-content/uploads/2023/09/SEC-1.webp?resize=300%2C169&amp;quality=70&amp;ssl=1 300w, https://i0.wp.com/en.coinotag.com/wp-content/uploads/2023/09/SEC-1.webp?resize=1024%2C576&amp;quality=70&amp;ssl=1 1024w, https://i0.wp.com/en.coinotag.com/wp-content/uploads/2023/09/SEC-1.webp?resize=768%2C432&amp;quality=70&amp;ssl=1 768w, https://i0.wp.com/en.coinotag.com/wp-content/uploads/2023/09/SEC-1.webp?resize=150%2C84&amp;quality=70&amp;ssl=1 150w, https://i0.wp.com/en.coinotag.com/wp-content/uploads/2023/09/SEC-1.webp?resize=696%2C392&amp;quality=70&amp;ssl=1 696w, https://i0.wp.com/en.coinotag.com/wp-content/uploads/2023/09/SEC-1.webp?resize=1068%2C601&amp;quality=70&amp;ssl=1 1068w" sizes="(max-width: 696px) 100vw, 696px" data-recalc-dims="1"></p>
<p>Analyst James Seyffart, who follows ETFs and the crypto industry, shared in an article yesterday that in the past few days, four different issuers have met with the U.S. Securities and Exchange Commission (SEC) regarding their Bitcoin ETF applications. Grayscale, Franklin, and Fidelity had meetings with regulators last week.</p>
<p>Meanwhile, BlackRock met with the SEC for the third time in the last three weeks on December 11. Seyffart’s post mentioned the participation of both parties in these meetings. These interactions will ultimately determine whether Bitcoin ETFs will be approved.</p>
<p>SEC Chairman Gary Gensler outlined the roles these interactions would play in making decisions. The Division of Companies and Finance will ensure that investors have access to all necessary key information to make well-informed investment decisions. It will also provide guidance and interpretation of SEC rules.</p>
<p>The Trading &amp; Markets Division is responsible for establishing and enforcing fair, orderly, and efficient standards. It regulates significant participants in the securities market, including broker-dealers, self-regulatory organizations, and transfer agents.</p>
<h2 id="strong-bitcoin-price-unaffected-strong"><strong>Bitcoin Price Unaffected</strong></h2>
<p>While these meetings could be a positive sign that approval for a Bitcoin ETF is on the horizon, it hasn’t had a positive impact on the price of Bitcoin (BTC). At the time of writing, data showed that BTC lost over 2% in the last 24 hours.</p>
<p>BTC’s 24-hour market cap also took a hit of over 22% during the past day, dropping to approximately $24.9 billion. The cryptocurrency’s market cap ultimately fell to $800.11 billion.</p>
<p>The post <a rel="noopener noreferrer nofollow" href="https://en.coinotag.com/etf-analyst-details-sec-meetings-on-spot-bitcoin-etfs/">ETF Analyst Details SEC Meetings on Spot Bitcoin ETFs!</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://en.coinotag.com">COINOTAG NEWS</a>.</p>
<table style="width: 100%; border-collapse:">
 <tbody>
  <tr>
   <td style="width: 100%; text-align: left;"><a href="https://en.coinotag.com/altcoin-exchange-1333421/" target="_blank" rel="noopener noreferrer nofollow"><strong><span style="color: #000000;">Did you missed the PEPE?<span style="color: #e67e22;"> No worries, click here to 100x potential memes!</span></span></strong></a></td>
  </tr>
 </tbody>
</table>

ETF Analyst Details SEC Meetings on Spot Bitcoin ETFs!

Table of Contents

COINOTAG NEWS

Other articles published on Dec 13, 2023

Bitcoin: Here’s what HODLing on means for BTC

Volatility Ahead for Gold Prices as Fed Rate Decision Looms

Bitcoin Cash (BCH) and Litecoin (LTC) Achieve Milestones, While SPCT’s Surging Valuation Steals t...

Argentina Devalues Local Currency Peso, Is Bitcoin Adoption About To Happen

Jito (JTO) or Retik Finance (RETIK), which token will rise higher in 2024?

Coinband Agency: Astonishing Web 3.0 Marketing

Join our free newsletter for daily crypto updates!