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Spot Bitcoin ETF Meets With US SEC ‘Very Positive’

US investor and chief executive officer of ARK Invest, Cathie Wood displayed high confidence on the prospects of a spot Bitcoin ETF becoming a reality soon in the United States. She also shed light on the attitude of the SEC on gaining clarity on the nitty-gritties of the ETF filings.

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US SEC’s Clarity On ETF Filings

Wood said that in the context of the SEC previously denying spot ETF approvals, the agency officials have in the recent meetings with the filers asked thoughtful, detailed and technical questions. She added that the Commission had in the discussions asked several follow up questions and not just a set of questions, which is a very encouraging move. Earlier, CoinGape reported that Blackrock and Grayscale were among those companies that had the most number of meetings with SEC…

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