Bitcoin ETF

Bitcoin

James

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 <p class="is-style-lead">In their latest meeting, SEC and BlackRock reportedly discussed the iShares Bitcoin ETF on Dec. 14, raising questions about in-kind transactions.</p>
 <p>Unlike previous meetings, James Seyffart, a Bloomberg Intelligence analyst, reports that there were no presentations.</p>
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    <p lang="en" dir="ltr">BlackRock met again with the SEC yesterday. This time with Gensler's people/staff https://t.co/cjQ8ChxlBV pic.twitter.com/shDiZPidPe</p>— James Seyffart (@JSeyff) December 15, 2023
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 <p>As part of a follow-up thread on X, Seyffart reminds the community that Hashdex, another firm in the spot Bitcoin ETF race, had also engaged with SEC’s Office of the Chair.</p>
 <p>After this, a&nbsp;community member&nbsp;asked Seyffart about the likelihood of SEC approval, given Chairman Gary Gensler’s comment on listening to the courts from yesterday.&nbsp;</p>
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    <p lang="en" dir="ltr">I mean. We've been at 90% odds since October when people told us we were insane for thinking it was gonna happen!! haha. Now people want us to increase the odds. But yes — we think its happening. https://t.co/bLO8qcchj3</p>— James Seyffart (@JSeyff) December 15, 2023
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 <p>“Yes – we think it’s happening,” was the Bloomberg analyst’s response.</p>
 <p>The application had been revised following a third meeting between BlackRock representatives and the SEC led by Gensler on Dec. 11, with prior engagements occurring on Nov. 20 and 28.</p>
 <p>The SEC still must hold to the deadline of Jan. 15 to make a decision on BlackRock’s application, with a final cutoff on Mar. 15. Grayscale, Bitwise, VanEck, WisdomTree, Invesco Galaxy, Fidelity, and Hashdex are also awaiting the SEC’s decision.</p>
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  </svg> <span class="cn-block-related-link__prefix"> Read more: </span> SEC is taking ‘new look’ at spot Bitcoin ETF applications
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/sec-meets-with-blackrock-for-ishares-bitcoin-etf-tbt73856.html">https://thebittimes.com/sec-meets-with-blackrock-for-ishares-bitcoin-etf-tbt73856.html</a></p>

SEC meets with BlackRock for iShares Bitcoin ETF

TheBitTimes

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