The Securities and Exchange Commission (SEC) is currently holding meetings with major stock exchanges, including Nasdaq, CBOE, and NYSE, to discuss proposed Bitcoin exchange-traded funds.
This development is noteworthy for the crypto market as it could potentially pave the way for the approval of Bitcoin ETFs, which have been discussed and predicted enough.
Outcome of the Meeting
The impact and the outcome of these meetings could provide insight into the SEC’s stance on Bitcoin ETF and whether the applications will be approved shortly. If approved, Bitcoin ETFs could significantly boost the credibility and liquidity of the cryptocurrency market.
Approval May come this Week
FOX reporter says, The SEC is reviewing final applications, and despite much engagement and changes, potential spot approvals for Bitcoin ETFs are imminent.
Recently, in a post on X (Twitter), Eleanor Terrett highlighted that the Securities and Exchange Commission (SEC) is presently in the process of reviewing changes to the S-1 filings for spot Bitcoin ETFs.
Source: https://coinpedia.org/news/sec-holding-meetings-with-nasdaq-cboe-and-nyse-regarding-bitcoin-etf/