Cryptocurrency asset manager Hashdex had a pivotal meeting with the U.S. Securities and Exchange Commission (SEC) to discuss regulatory considerations for a potential Bitcoin Spot ETF. The meeting focused on preventing market manipulation, with the SEC emphasizing the need for robust protective measures. Hashdex plans to establish a custody-sharing agreement with a regulated market, singling out CME Group as a potential partner. The SEC also highlighted the importance of strict oversight of physical Bitcoin transactions to uphold market integrity. This meeting reflects the industry’s move towards regulation and legitimacy, potentially paving the way for Bitcoin Spot ETF approval.
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