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SEC met multiple spot Bitcoin ETF applicants on Dec. 21

Several potential issuers met with the SEC to discuss their spot Bitcoin ETFs, adding to hopes that harmonized approvals may be on the horizon.  The United States Securities and Exchange (SEC) held calls with spot Bitcoin ETF filers, including BlackRock, Valkyrie, ARK 21Shares, Franklin Templeton, Fidelity, VanEck, and Grayscale on Dec. 21 regarding their respective bids for investment vehicles that would hold crypto’s largest token. According to documents on the Commission’s website, issuers reportedly spoke with staff from the SEC’s divisions of corporation finance, trading, and market. Fox Business initially reported the news and noted multiple conversations between companies and the SEC. JUST IN: BlackRock had it's 6th official meeting with the SEC about its spot #Bitcoin ETF yesterday pic.twitter.com/j3MmrXm8vl — Bitcoin Magazine (@BitcoinMagazine) December 22, 2023 Filings at press time had confirmed SEC meetings with seven of 13 potential Bitcoin ET...

Bitcoin clings to $17K as ARK flags 'historically significant capitulation'

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BTC price action is suffering from FTX, but decentralized blockchains are "as strong as ever," says ARK Invest. Bitcoin (BTC) and decentralized blockchains are “as strong as ever” in the wake of the FTX meltdown, ARK Invest says. In the latest edition of its monthly newsletter, “The Bitcoin Monthly,” the investment giant came out firmly bullish on BTC. ARK: FTX scandal may be "most damaging event" ever With BTC price volatility ebbing into December, the industry is still reeling from ongoing FTX contagion. As lawmakers only begin to get to grips with the events, when it comes to Bitcoin, ARK is doubling down on its conviction — and setting it firmly apart from centralized alternatives. “The fall of FTX could be the most damaging event in crypto history,” one of the latest report’s “key takeaways” states. While acknowledging that even Digital Currency Group (DCG) — one of whose products, the Grayscale Bitcoin Trust (GBTC), it recently bought — “faces considerable pr...