Crypto asset management firm Hashdex recently had a meeting with the U.S. Securities and Exchange Commission (SEC) Office of the Chair to discuss its proposed Bitcoin exchange-traded fund (ETF) application. The meeting, which included representatives from Hashdex, Tidal Financial Group, and various law firms, focused on the NYSE Arca’s proposed rule change to list and trade shares of Hashdex Bitcoin ETF. This meeting with the SEC Chair’s office is considered unusual, as most meetings with applicants typically involve other departments of the Commission.

It’s worth noting that this is not the first time Hashdex has met with the SEC regarding its ETF application. In November, the asset manager, along with other applicants, had a meeting with the regulatory authority to discuss its proposed spot Bitcoin ETF. These recent meetings come at a time when there are growing expectations for the SEC to approve a spot BTC ETF.

In the past, the SEC has consistently denied previous attempts to introduce a Bitcoin ETF, citing concerns about market manipulation and the lack of surveillance-sharing agreements. However, industry observers believe that the Commission may have a change of heart, given its ongoing engagements with applicants and the overall growth of the industry.

This News Article was automatically generated by Bob the Bot (AI)

Information	Details
Geography	North America
Countries	🇺🇸
Sentiment	positive
Relevance Score	1
People	Michael Venuto, Richard Kerr, Peter Shea, Samir Kerbage, Samantha Ostrom, Neel Maitra
Companies	Wilson Sonsini Goodrich & Rosati, U.S. Securities and Exchange Commission (SEC), Hashdex, NYSE Arca, Tidal Financial Group, K&L Gates
Currencies	Bitcoin
Securities	None