The Blackrock filing is likely to be approved since it is not actually an ETF, but a Trust.
The SEC has already approved bitcoin trusts, what is another one? This may expedite approval. The only thing the SEC really has to consider is the blocks of creation and redemptions, which differs from the other trusts available.
thingtank
npub1nm…7tpd5
2023-06-16 00:11:13
Author Public Key
npub1nmum2ht6uqg9flwm73cu3analq2h3xk493yj2hmzfl5nlhtr0jyqf7tpd5Published at
2023-06-16 00:11:13Event JSON
{
"id": "92357b543aff24fb4245766fa6e3bababbedc5d3188ff8da0e796a413a797bf0",
"pubkey": "9ef9b55d7ae01054fddbf471c8f67df815789ad52c49255f624fe93fdd637c88",
"created_at": 1686874273,
"kind": 1,
"tags": [],
"content": "The Blackrock filing is likely to be approved since it is not actually an ETF, but a Trust.\n\nThe SEC has already approved bitcoin trusts, what is another one? This may expedite approval. The only thing the SEC really has to consider is the blocks of creation and redemptions, which differs from the other trusts available.",
"sig": "94d36b7f7f1c19355794f5bff52a86293a87503d62da6c9b04631922fb15954a74159b7eb4e3a5f2c08085da39d86c1b9b891707e56357d6a8e81e7933244fcc"
}