Bitcoin ETF Seekers Cite Precedent in SEC Presentation on Monday

Members of VanEck, SolidX and the Cboe BZX Exchange met with U.S. Securities and Exchange Commission (SEC) staff earlier this week to present a new argument on why the bitcoin market is ready for an exchange-traded fund (ETF).

In the latest push to convince the regulator to approve a rule change which would open the door for the country’s first bitcoin ETF, the three firms met with the SEC’s Division of Corporation Finance, Division of Trading and Markets, and Office of General Counsel.

Notably, Monday’s effort differed from previous presentations, which took more of a regulatory focus.

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