Several other pending applications, including one on behalf of BlackRock’s money-management rival, Fidelity, have since been updated to name Coinbase as the partner for the surveillance-sharing agreements. The sponsor of a bitcoin trust must enter a surveillance-sharing agreement with a regulated market of significant size to secure a go-ahead from regulators, based on a reading of according to the SEC’s previous rulings.
Source: https://www.coindesk.com/tech/2023/07/03/blackrock-bitcoin-etf-application-refiled-naming-coinbase-as-surveillance-sharing-partner/?utm_medium=referral&utm_source=rss&utm_campaign=headlines