{"id":159176,"date":"2023-12-22T11:35:20","date_gmt":"2023-12-22T11:35:20","guid":{"rendered":"https:\/\/crypto-economy.com\/?p=159176"},"modified":"2023-12-22T11:35:35","modified_gmt":"2023-12-22T11:35:35","slug":"the-sec-holds-a-joint-meeting-with-bitcoin-etf-applicants-amid-what-appears-to-be-an-imminent-decision","status":"publish","type":"post","link":"https:\/\/crypto-economy.com\/the-sec-holds-a-joint-meeting-with-bitcoin-etf-applicants-amid-what-appears-to-be-an-imminent-decision\/","title":{"rendered":"The SEC Holds a Joint Meeting With Bitcoin ETF Applicants Amid What Appears to Be an Imminent Decision"},"content":{"rendered":"
According to recent information, it has come to light that the U.S. Securities and Exchange Commission (SEC) is engaging in discussions with various applicants for Bitcoin exchange-traded funds (ETFs)<\/a><\/strong>. These discussions have sparked various speculations regarding the potential approval of BTC ETFs, as the SEC held an unusual joint call with the presenters of these applications.<\/strong><\/p>\n During the call, the significance of a cash creation model among ETF applicants<\/strong> was emphasized. Additionally, it was also revealed that the SEC advised applicants to remove any references to in-kind redemptions<\/strong> from their submissions. This strategic approach aims to ensure a clear commitment to a cash-centric model,<\/strong> indicating the SEC’s preference for this method.<\/p>\n SCOOP: @SECGov<\/a> is having what's described as a rare joint conference call with prospective "spot" #BTC<\/a> ETF filers, as its closely watched decision looms on whether to give these cos the green light to sell to small investors access to crypto. @FoxBusiness<\/a> reported yesterday the\u2026<\/p>\n — Charles Gasparino (@CGasparino) December 21, 2023<\/a><\/p><\/blockquote>\n\n