Representatives from BlackRock, Nasdaq and the Securities and Exchange Commission (SEC) met again to discuss the spot Bitcoin ETF.
According to the statement published by the SEC “the discussion concerned a rule change filed by NASDAQ Stock Market LLC to list and trade shares of the iShares Bitcoin Trust under Nasdaq Rule 5711(d).”
Nasdaq’s 5711(d) rule covers what commodity-based trust shares are and what criteria they must meet before and after listing on the exchange.
The SEC continues to evaluate 13 applications to establish a spot Bitcoin ETF. The regulator has met with applicants 24 times in total so far.
About the SEC’s application for the ARK 21Shares Bitcoin ETF A final decision by January 10, 2024 he needs to take it. Bloomberg analyst James Seyffart said an approval decision was unlikely to be made before that date. “unlikely” saying what you think, Between 8-10 January drew attention.