According to the statement shared by the US Securities and Exchange Commission (SEC), the institution held a meeting with BlackRock and Valkyrie yesterday.
In the meeting held on December 21, BlackRock and Valkyrie representatives said, SEC Division of Trading and Markets He met with officials separately.
Bloomberg analyst According to James Seyffart, this is as predicted by the SEC the other day. had discussions with more than one issuer He confirms.
According to information provided by FOX Business, the SEC’s discussions resulted in transactions in Bitcoin ETFs. cash or in kind? It was about whether it would be done as.
Although it is argued that in-kind transactions would be more effective, the SEC requires issuers to use Bitcoins while making transactions in the ETF. converting it into cash prefers.
The Hong Kong Securities and Futures Commission follows a different policy than the SEC, both types of ETFs will be considered. explained.
While BlackRock, the world’s largest asset manager, has met with the SEC several times about ETFs, yesterday’s meeting was the first for Valkyrie.