BREAKING NEWS- MASSIVE7 Dec 2023 17:03
US bitcoin ETF issuer talks with SEC have advanced to key details -sources
Discussions between the U.S. securities regulator and asset managers hoping to list bitcoin exchange-traded funds (ETFs) have advanced to key technical details, in a sign the agency may soon approve the products, industry executives said.
Thirteen firms including Grayscale Investments, BlackRock (BLK.N), Invesco, and ARK Investments, have pending applications with the Securities and Exchange Commission (SEC) for ETFs that track the price of bitcoin.