The SEC met with BlackRock for the third time to discuss spot Bitcoin ETFs. This discussion focused on whether to allow physical creation models.
On December 13th, Bloomberg analyst Eric Balchunas cited regulatory memorandum documents stating that BlackRock had its third meeting with the SEC on December 11th to discuss details of its physical Bitcoin ETF. The attendees of the third meeting included Rachel Aquirre, the head of BlackRock's US iShares products, and mostly lawyers.
The focus of this meeting was reportedly to "convince the US SEC to allow a physical creation model in the first round of approval."
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