TechFlow reported, citing Bloomberg ETF analyst James Seyffart who tweeted that BlackRock appears to have also met with the U.S. Securities and Exchange Commission (SEC). The tweet referenced slides discussing physical assets and cash creation methods.
James noted that based on this information, BlackRock may prefer using physical assets to create their Bitcoin exchange-traded fund (ETF), as this structure could offer greater clarity for both BlackRock and end investors.
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