SEC meets with Grayscale, BlackRock about potential bitcoin ETFs
Publishing timestamp: 2023-11-30 18:58:14
Summary
The U.S. Securities and Exchange Commission (SEC) is engaging with asset managers ahead of a decision on whether to approve a bitcoin exchange-traded fund (ETF). The SEC met with representatives from BlackRock and Nasdaq, and also discussed the potential conversion of Grayscale Bitcoin Trust into an ETF. While the SEC has delayed decisions on bitcoin funds, many experts expect that crypto ETFs will launch in the U.S. early next year. The growing confidence in the approval of a bitcoin ETF has boosted the price of bitcoin.
Sentiment: MIXED
Keywords: grayscale bitcoin trust (btc), business news, nasdaq inc, blackrock inc, markets, breaking news: markets, wall street, exchange-traded funds,
Source: https://www.cnbc.com/2023/11/30/sec-meets-with-grayscale-blackrock-about-potential-bitcoin-etfs.html