BlackRock, Fidelity Investments, and other spot Bitcoin ETF applicants with total assets under management estimated to exceed $25 trillion, Bloomberg ETF analysts claim, will meet with U.S. Securities and Exchange Commission (SEC) officials at a meeting scheduled for next week. The meeting allegedly came after all spot Bitcoin ETF applicant companies, at the request of the US regulator, re-applied, citing custody-sharing partners and other necessary details.

Citing information from a reliable source, they reported that spot Bitcoin ETF applicants will meet with US regulatory agency SEC officials at a meeting to be held next week. Balchunas stated that he believes that the possibilities for the spot Bitcoin ETF and the changes that should be made in the rules will be discussed at the meeting, “To be frank, it is not possible to confirm that this claim is 100 percent true! We only try to share what we find interesting or useful from official sources.” made the addition.
SEC officials have been known to routinely meet with ETF applicants after a formal application is made to decide whether to approve or reject them and to clarify their stance on the matter. With the spotlight Bitcoin ETF on the agenda, this meeting will be very important as the SEC under Chairman Gary Gensler repeatedly turns down spot Bitcoin ETFs while giving the green light to other similar ETFs.
The US regulator gave the green light to the Volatility Shares 2x Bitcoin Strategy ETF, the first leveraged Bitcoin futures ETF after filing for a Bitcoin ETF last month, prompting speculation that the SEC will now greenlight a spot Bitcoin ETF. had happened.
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