JUST IN: US Bitcoin Spot ETFs Closer to Reality: Advanced Talks with SEC

Recent reports from Reuters indicate that the U.S. Securities and Exchange Commission (SEC) is deeply engaged in technical discussions with asset managers about the launch of bitcoin exchange-traded funds (ETFs). This shift to more specific aspects of the ETF proposals, involving key players like Grayscale Investments, BlackRock, Invesco, and ARK Investments, is seen as a precursor to potential approval. The discussions have reportedly evolved to a stage where critical details are being hashed out, pointing to a possible breakthrough in the long-awaited introduction of bitcoin ETFs in the U.S. market.

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