The U.S. Securities and Exchange Commission (SEC) confirmed meetings with multiple Bitcoin ETF issuers, including prominent firms like BlackRock, Valkyrie, and ARK. In these discussions, the SEC was explicit in its guidance, advising issuers to eliminate “in-kind” redemptions from their filings, focusing instead on “cash creates” only. According to Fox Business, the SEC also suggested that a Bitcoin ETF approval is likely by January 10, providing a clear timeline for potential issuers and investors in the cryptocurrency market.
