RATE Group | Here’s the Bitcoin ETF Presentation Given to the SEC Last Week
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Here’s the Bitcoin ETF Presentation Given to the SEC Last Week

Here’s the Bitcoin ETF Presentation Given to the SEC Last Week

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The Securities and Exchange Commission (SEC) recently published a presentation given to agency staffers by crypto startup SolidX in late July, a move that comes days ahead of an expected decision on a bitcoin exchange-traded fund.

The public document, dated August 1, reveals that representatives from SolidX, Cboe BZX Exchange, VanEck Securities Corporation and Patomak Global Partners met with the agency on July 31. The meeting drew officials from a number of SEC offices, including the Division of Trading and Markets, the Division of Corporation Finance and the Divison of Economic and Risk Analysis, according to the memorandum.

While the document itself doesn’t provide a blow-by-blow of the meeting, it does offer insight into the arguments being made in favor of the bitcoin, including “significant changes in product, market structure and overall circumstances since March 2017 disapproval” – referring to the decision made last year with respect to SolidX’s prior proposal.

The…

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