TechFlow news, leading asset management firms including BlackRock and Fidelity have met with the U.S. Securities and Exchange Commission (SEC) over the past few weeks to discuss how the redemption process for spot Bitcoin ETFs would operate.
Three distinct models are under debate, aimed at determining which entity would be responsible for selling Bitcoin if investors seek to redeem shares for underlying assets. The SEC appears to be in a review phase, finalizing details that could lead to approval.
Add to Favorites
Share to Social Media
