The post SEC Held Conference Call With ALL Spot Bitcoin ETF Applicants: Approval Expected by Jan 10th, 2024 appeared first on Coinpedia Fintech News
The U.S. Securities and Exchange Commission (SEC) has reportedly conducted a series of targeted conference calls with all filers of spot Bitcoin Exchange-Traded Funds (ETFs). Fox Business Network’s Senior Correspondent, Charles Gasparino, described these engagements as a “rare” occurrence in regulatory actions. The primary focus of these discussions was to persuade issuers to modify their Bitcoin ETF redemption models.
Emphasis on the “Cash Creates” Model
SCOOP: @SECGov is having what’s described as a rare joint conference call with prospective “spot” #BTC 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 reported yesterday the…
— Charles Gasparino (@CGasparino) December 21, 2023
Eleanor Terrett, a Fox Business Network jou
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