BlackRock, Fidelity, and Franklin Templeton are in discussions with the U.S. SEC regarding the approval of spot Bitcoin ETFs. BlackRock has made structural changes to its application, allowing large U.S. banks to act as authorized participants for the funds. Fidelity is discussing the use of an 'in-kind creation' model for its spot Bitcoin ETF application. An SEC memo reveals details of a meeting with BlackRock about its pending Bitcoin ETF application. The SEC confirmed a fresh round of meetings with spot Bitcoin ETF applicants, including BlackRock, Fidelity, Grayscale, and Franklin Templeton. Analysts predict the SEC could approve spot BTC ETFs as early as January 2024, with ARK Invest’s application also under review. Meanwhile, Coinbase is expanding its global crypto trading with the launch of non-US spot markets on its Coinbase International Exchange.
We are excited to announce the next phase of our Coinbase International Exchange expansion - the launch of non-US spot markets for eligible customers, designed to address the unique needs and demands of our global user base. https://t.co/JWEChT5BDa
COINBASE TO OFFER SPOT CRYPTO TRADING OUTSIDE 🇺🇸 Coinbase $COIN is rolling out spot crypto trading on its international exchange as part of a global expansion Institutional investors can initially trade Bitcoin $BTC and Ethereum $ETH against the USDC stablecoin from Thursday on…
$COIN COINBASE TO OFFER SPOT CRYPTO TRADING OUTSIDE US
Coinbase is rolling out spot crypto trading on its international exchange as part of a global expansion, saying some users are wary of US venues due to the country’s uncertain regulatory backdrop https://t.co/LKIXWKcDdo
Coinbase is rolling out spot crypto trading on its international exchange as part of a global expansion, saying some users are wary of US venues due to the country’s uncertain regulatory backdrop https://t.co/ilS8dsnGr3
Coinbase is rolling out spot crypto trading on its international exchange as part of a global expansion, saying some users are wary of US venues due to the country’s uncertain regulatory backdrop https://t.co/5elLf2qboT
BlackRock updated its regulatory proposal to allow institutions to more easily invest in its iShares Trust. “authorized participants” in the fund can redeem shares of the ETF in cash rather than just bitcoin….@BlackRock #Bullish
NEW: Grayscale expands retail-facing advertising campaign for its spot #Bitcoin ETF with fresh 🇺🇸 SEC filing 👀 What could prevent the approval of spot #Bitcoin ETFs at this point? https://t.co/KLbNXbVf47
📉 The crypto markets are selling off despite the SEC confirming a fresh round of meetings with spot Bitcoin ETF applicants. The SEC met with four issuers, including its third meeting with BlackRock in as many weeks 👀 Read More: https://t.co/WXivHvmJjy https://t.co/QuoX3onKRR
BlackRock has made structural changes to its application to launch a spot Bitcoin ETF in the U.S. https://t.co/5J7vRUlxTS
A revised BlackRock spot Bitcoin ETF filing will allow large U.S. banks to act as authorized participants for the funds. https://t.co/JpgqyX95J8
An SEC memo shares new details of a late November meeting the SEC held with BlackRock to discuss the asset manager's pending Bitcoin ETF application. Read more: https://t.co/8yNgDOZhI4
.@BlackRock's $BTC ETF now invites participation from Wall Street banks. @IanAllison123 reports https://t.co/5V51Cnc5Ug
BlackRock revises spot Bitcoin ETF to enable easier access for banks https://t.co/XvlKlnSvT7
An SEC memo shares new details of a late November meeting the SEC held with BlackRock to discuss the asset manager's pending Bitcoin ETF application. Read more: https://t.co/wi7jbNVSbk
BlackRock Bitcoin ETF Shifts Risk to Crypto Market Makers, Not Banks ► https://t.co/ZFFZ2hmtU6 https://t.co/ZFFZ2hmtU6
Discussions between the SEC and Franklin Templeton emerged as crypto proponents stayed bullish on spot Bitcoin ETFs amid market dips https://t.co/oaBF1yxHQM
BlackRock just modified its Bitcoin ETF. Here's the TLDR: - Authorized participants (APs) can create new shares with cash instead of only cryptocurrency - This change permits highly regulated U.S. banks, which cannot hold bitcoin directly, to act as APs - The process involves… https://t.co/20Y1srMQPT
.@BlackRock's #bitcoinETF now invites participation from Wall Street banks. @IanAllison123 reports https://t.co/pTGyRB2dNH
NEW: Fidelity meets with the 🇺🇸 SEC regarding its application for a spot #Bitcoin ETF and the use of an "in-kind creation" model https://t.co/FErXATwBw5
BlackRock reignited interest in #bitcoinETFs in 2023—driven by @LarryFink's belief of the rising, international role of #bitcoin. That's why the CEO of the world's largest asset manager is on CoinDesk's #MostInfluential2023: https://t.co/JCJjSuFVsa https://t.co/vtlUwjEWGK
ICYMI: BlackRock and Fidelity hash out details over spot bitcoin ETF redemption models with the SEC as anticipation mounts https://t.co/IYbibtNwnI
After more than a decade-long wait, it’s looking likely the first-ever spot Bitcoin exchange-traded funds will soon arrive in the US https://t.co/DIVtHH57pT
BlackRock and Fidelity hash out details over spot bitcoin ETF redemption models with the SEC as anticipation mounts https://t.co/YcW06IlowW
Analysts opined that the U.S. SEC would likely approve spot BTC ETFs in early January 2024, with eyes on the deadline for a decision on ARK Invest’s application https://t.co/m6JqaysvDP