WuBlockchain Weekly: Key Developments in Bitcoin ETF, CZ Prohibited from Leaving the U.S., Intensive Discussions on Bitcoin Ordinals and Top10 News
1. Negotiations Between U.S. Bitcoin ETF Issuers and the SEC May Have Reached Crucial Progress link Discussions between regulatory authorities and asset management companies seeking to list Bitcoin ETFs have progressed to crucial technical details, indicating that approval for these products may be imminent. The SEC has been engaging with issuers on substantive details, some of which are typically discussed as ETF application processes near completion, according to statements from six industry executives and SEC public memoranda. The SEC must make a final decision on ARK’s application by January 10th, marking the earliest decision. Insiders suggest that the advanced nature of the discussions indicates that the SEC may approve ARK’s application early in the new year and potentially approve some of the other 12 applications 2. BlackRock and Bitwise Submit Updated Bitcoin Spot ETF Applications to the SEC link Bloomberg analyst James Seyffart tweeted that BlackRock has once again submitte...