The US Securities and Exchange Commission continues to actively engage with various fund issuers to discuss the launch of their proposed spot bitcoin ETFs. One key focus of these discussions is the operational aspects of such funds.

Valkyrie Chief Investment Officer Steven McClurg said on a Tuesday podcast that his company is addressing various structural issues with the SEC — particularly the process of creating and redeeming ETF shares. McClurg expressed optimism, saying he thinks they are “getting very close” to a resolution.

Financial behemoth BlackRock, which manages roughly $9 trillion in assets, most recently met with the SEC on Monday to discuss the company’s proposed…

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