BlackRock, Fidelity, And Spot Bitcoin ETF Applicants Meeting US SEC: Bloomberg Analysts

BlackRock, Fidelity, and other spot Bitcoin ETF applicants are meeting US SEC next week to decide on approving spot Bitcon ETF.
By Varinder Singh
Updated May 12, 2025

BlackRock, Fidelity Investments, and other spot Bitcoin ETF filers and the U.S. Securities and Exchange Commission (SEC) will hold a meeting next week. The move comes after all spot ETF applicants have refiled their applications with the U.S. SEC, mentioning their surveillance-sharing partners and other required details.

Advertisement
Advertisement

Spot Bitcoin ETF Applicants to Meet US SEC Next Week

Bloomberg ETF analysts Eric Balchunas and James Seyffart tweeted spot Bitcoin ETF applicants and the U.S. SEC meeting next week, according to their reliable source. Balchunas believes they should meet and definitely need to talk about the possibilities of spot Bitcoin ETF and amendments required to rules.

“Just to be clear, we can’t 100% confirm this is true! Just trying to share things we find interesting or useful in all this from legit sources.”

The US SEC staff routinely meets with ETF applicants after an official filing to decide on approval or denial and clarify their stance over it. However, meeting to approve spot Bitcoin is crucial for the crypto industry as the SEC under Chair Gary Gensler continues to deny a spot Bitcoin ETF while approving other similar ETFs.

After a flurry of Bitcoin ETF filings last month, the US SEC approved the first leveraged Bitcoin futures ETF — Volatility Shares 2x Bitcoin Strategy ETF.

Meanwhile, BlackRock, Fidelity Digital Assets, Invesco, Valkyrie, WisdomTree, and others have refiled their spot Bitcoin ETF after details on their surveillance-sharing agreements.

bitcoin ETF
Source: Bloomberg

Also Read: Massive 5292 Bitcoin (BTC) Linked To Terra Founder Do Kwon And LFG On The Move

Advertisement
Advertisement

BlackRock CEO Larry Fink Praises Bitcoin as Digital Gold

BlackRock CEO Larry Fink on Wednesday said their ETF filing is a “way to democratize crypto and make it cheaper.” He asserts Bitcoin is an international asset and new gold. BlackRock hopes to work with regulators to approve its first spot Bitcoin ETF application.

Bloomberg analysts agreed that Bitcoin ETF would make it cheaper, which will cost 0.01% to trade on all major crypto exchanges. Compare that to any crypto exchange and you can see the potential here.

Also Read: Binance CEO “CZ” On Bull Market, US SEC Lawsuit, BNB Chain, & Others

Advertisement
Varinder Singh
Varinder has over 10 years of experience and is known as a seasoned leader for his involvement in the fintech sector. With over 5 years dedicated to blockchain, crypto, and Web3 developments, he has experienced two Bitcoin halving events making him key opinion leader in the space. At CoinGape Media, Varinder leads the editorial decisions, spearheading the news team to cover latest updates, markets trends and developments within the crypto industry. The company was recognized as Best Crypto Media Company 2024 for high impact and quality reporting. Being a Master of Technology degree holder, analytics thinker, technology enthusiast, Varinder has shared his knowledge of disruptive technologies in over 5000+ news, articles, and papers.
Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.