tly issued new regulations.

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The Securities and Exchange Commission (SEC) recently held a meeting with representatives of seven of the 12 spot Bitcoi
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The Securities and Exchange Commission (SEC) recently held a meeting with representatives of seven of the 12 spot Bitcoin exchange-traded funds (ETFs) applicants. During this meeting, the regulatory body notified at least two of the seven issuers to submit the updated filings before the end of 2023.The SEC stated that the companies that miss submitting the final updates to their spot BTC ETF applications by December 29 could potentially miss the spot in the first wave of approvals expected by January 10.While the representatives of the seven companies included executives from BlackRock, Grayscale, ARK Invest and 21Shares, among others, it is not clear who the deadline applies to. Thus, by the next 72 hours, when asset managers will be on track to receive their approved spot, BTC ETF filings will be revealed before the end of the year.
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