Last night, Matrixport’s report sparked discussions in the market, and panic about the rejection of Bitcoin spot ETF spread in the community. However, with more and more authoritative figures denying such claims, market sentiment and prices quickly rebounded.
According to a report by FOX Business, attorneys from the Trading and Markets Division of the U.S. Securities and Exchange Commission (SEC) held a closed-door meeting yesterday with officials from several major exchanges of potential Bitcoin spot ETFs, including the New York Stock Exchange, Nasdaq, and Chicago Mercantile Exchange.
The report points out that this meeting is seen as a positive sign, indicating that the SEC is still actively dealing with ETF applications and has requested exchanges to make final modifications to the 19b-4 documents submitted by their representatives.
In addition, the report quotes sources as saying that although no final decision has been made yet, the SEC may start notifying issuers about the approval decision as early as Friday, and trading could potentially begin as early as next week.
A spokesperson for the SEC told the media that
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