Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
Home»ADOPTION NEWS»Fidelity has met with the SEC regarding a spot Bitcoin fund and submitted a presentation on its ETF workflow.
ADOPTION NEWS

Fidelity has met with the SEC regarding a spot Bitcoin fund and submitted a presentation on its ETF workflow.

By Crypto FlexsDecember 8, 20233 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Fidelity has met with the SEC regarding a spot Bitcoin fund and submitted a presentation on its ETF workflow.
Share
Facebook Twitter LinkedIn Pinterest Email

Posted 1 minute ago In ~

Asset management giant Fidelity held a meeting with the Securities and Exchange Commission on December 7 regarding its proposed spot Bitcoin ETF, according to a memo posted on the regulator’s website.

Fidelity provided a presentation to regulators titled “bitcoin BTC

+2.60%
ETF Workflow’ with slides detailing the “cash” generation and redemption model.

“Arbitrage and hedging are more efficient with physical generation,” the presentation said. “Self-liquidating ETF market-making firms can act as agency APs for non-self-liquidating ETF market-making firms along with their cryptocurrency affiliates to facilitate efficient arbitrage. Allowing physical creation and redemption increases trading efficiency for all participants and 2 It is important to increase the market price of tea.”

Bitcoin prices have surged over the past few weeks as the market anticipates what could be the final steps toward the SEC’s decision on the proposed spot ETF application. With filings and notes from the meeting undergoing multiple revisions, regulators and asset managers appear to be focusing on the technical aspects of how the proposed fund will operate if approved.

“Creation/redemption language includes both in-kind and cash,” said Bloomberg Intelligence analyst James Seyffart. wrote Earlier on Friday, X commented on VanEck’s revised filing for a proposed spot Bitcoin ETF. “It seems like more and more people are leaving their options to the S-1, but a 19b-4 approval may only allow for cash generation – at least to start with.”

blackrock meeting

At the Nov. 28 meeting between the SEC and BlackRock on a proposed spot Bitcoin ETF, the asset manager submitted a presentation on a “modified spot model design.”

“During our meeting with Trading & Markets staff on November 20, we learned that the SEC had unresolved We understand you have specific questions: “In the redemption process, we distinguish ourselves from unregistered entities of market makers (“MM-crypto”),” BlackRock said in its presentation to the SEC.


Disclaimer: The Block is an independent media outlet delivering news, research and data. As of November 2023, Foresight Ventures is a majority investor in The Block. Foresight Ventures invests in other companies in the cryptocurrency space. Cryptocurrency exchange Bitget is an anchor LP of Foresight Ventures. The Block continues to operate independently to provide objective, impactful and timely information about the cryptocurrency industry. Below are our current financial disclosures.

© 2023 The Block. All rights reserved. This article is provided for informational purposes only. It is not provided or intended to be used as legal, tax, investment, financial or other advice.

About the author

Nathan Crooks is the US editor-in-chief of The Block, based in Miami. He previously worked at Bloomberg News for 12 years, serving as breaking news editor and bureau chief in Caracas, Venezuela, before leading coverage of South Florida. He has interviewed presidents, government ministers, and CEOs, and in addition to cryptocurrencies, he has covered major news events in the field ranging from earthquakes, hurricanes, and the 2018 Chilean mine rescue. A native of Clarion, Pennsylvania, Nathan earned his bachelor’s degree from the university. He earned a specialist degree in political science from Toronto and an MBA from the American University in Washington, DC.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Ether Lee (ETH) tests major support for $ 4,453 after the highest rejection.

August 31, 2025

Bitcoin analysts bet on $ 200K after hints of Fed.

August 23, 2025

‘Self -transactions, dressed in capital layout’: The cryptocurrency financial craze divides the industry.

August 15, 2025
Add A Comment

Comments are closed.

Recent Posts

The August password hacking was $ 163 million as the risk of Exchange increased.

September 7, 2025

The Senate encryption bill adds a provision for treating tokenized stocks as securities.

September 7, 2025

If this trend is owned, the XRP price is $ 3.4 and you can see 20% bounce.

September 6, 2025

GBC Mining Launches Scalable Cloud Mining Plans, Enabling Passive Income For Global Crypto Enthusiasts

September 6, 2025

The 320K holder of the WAVERS & Cardano Price Surges Surges BlockDag signals the next large encryption.

September 6, 2025

RLUSD Stablecoin is extended to Africa to supply power to the border between the border.

September 5, 2025

Bybit Establishes New B2B Unit To Drive Institutional Adoption Of Digital Assets

September 5, 2025

Lowkick Studio Launches $SHARDS Token On Top Tier Exchanges For WorldShards MMORPG

September 5, 2025

The cryptocurrency is falling when the tokens and stocks connected to Trump are under pressure.

September 5, 2025

Cango Inc. Reports Second Quarter 2025 Unaudited Financial Results

September 5, 2025

Coindesk July 2025 Report: Stablecoins and CBDC

September 5, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

The August password hacking was $ 163 million as the risk of Exchange increased.

September 7, 2025

The Senate encryption bill adds a provision for treating tokenized stocks as securities.

September 7, 2025

If this trend is owned, the XRP price is $ 3.4 and you can see 20% bounce.

September 6, 2025
Most Popular

Why did Bitcoin price drop today?

July 23, 2024

Kraken co-founder warns of new threats as cryptocurrency crackdown continues

November 26, 2023

XRP and Dogecoin posted strong weekly returns in the Grayscale Snapshot.

January 5, 2025
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.