{"id":26366,"date":"2023-12-09T02:33:14","date_gmt":"2023-12-09T02:33:14","guid":{"rendered":"https:\/\/nftandcrypto-news.com\/crypto\/fidelity-and-sec-meet-to-discuss-spot-bitcoin-etf-application\/"},"modified":"2023-12-09T02:33:16","modified_gmt":"2023-12-09T02:33:16","slug":"fidelity-and-sec-meet-to-discuss-spot-bitcoin-etf-application","status":"publish","type":"post","link":"https:\/\/nftandcrypto-news.com\/crypto\/fidelity-and-sec-meet-to-discuss-spot-bitcoin-etf-application\/","title":{"rendered":"Fidelity and SEC meet to discuss spot Bitcoin ETF application"},"content":{"rendered":"
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The United States Securities and Exchange Commission (SEC) recently met with Fidelity to seek additional clarity on its spot Bitcoin (BTC) exchange-traded fund (ETF) application.<\/p>\n
According to a filing published on December 7, two Cboe BZX Exchange representatives, along with six personnel from the SEC and nine individuals from Fidelity, discussed the workings of the Wise Origin Bitcoin Trust in a meeting.\u00a0<\/p>\n
\u201cThe discussion concerned Cboe BZX\u2019s proposed rule change to list and trade shares of the Wise Origin Bitcoin Trust under Cboe BZX Rule 14.11(e)(4). Fidelity also provided the attached presentation.\u201d<\/p><\/blockquote>\n
The filing incorporated PowerPoint slides used during the meeting to illustrate the operational framework of the Bitcoin ETF.<\/p>\n