US SEC reportedly discussing technical details of Bitcoin ETF proposals

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Cointime2023/12/07 18:18

By:Cointime

Officials from the United States Securities and Exchange Commission (SEC) are reportedly in discussions with asset managers regarding Bitcoin exchange-traded funds (ETFs). The SEC and certain asset managers are said to be discussing technical details related to US exchanges listing shares of a spot Bitcoin ETF. Several asset managers, including BlackRock and Grayscale, have filed for spot BTC or Ether ETF listings, but the SEC has yet to approve any spot cryptocurrency exchange-traded product. If approved, the ETF could lead to significant growth in the crypto market and attract institutional capital.

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