BlackRock, SEC Engage in Fourth Round of Talks Over Bitcoin ETF

BlackRock and the SEC convene for a fourth meeting on the Spot Bitcoin ETF, sparking excitement as a decision looms.

Unlike past sessions, there were no presentations, according to Bloomberg Intelligence analyst James Seyffart.

Seyffart informs the community in a follow-up discussion on X that Hashdex, a different company in the battle for a spot Bitcoin ETF, had also communicated with the SEC's Office of the Chair.

Following this, a public member questioned Seyffart over the possibility of SEC approval in light of Chairman Gary Gensler's remarks from yesterday regarding listening to the courts.

“Yes – we think it's happening,” was the Bloomberg analyst's response. After two earlier meetings on November 20 and 28, and a third on December 11, between BlackRock personnel and the SEC under Gensler's direction, the application had been changed.

The SEC must decide on BlackRock's application by January 15th, with a final deadline of March 15th. Hashdex, VanEck, Bitwise, Grayscale, Invesco Galaxy, Fidelity, and WisdomTree await the SEC's ruling.