![SEC rumored to be instructing spot Bitcoin ETF applicants to incorporate cash creates](https://dailytalks.org/wp-content/uploads/2024/01/134599-sec-rumored-to-be-instructing-spot-bitcoin-etf-applicants-to-incorporate-cash-creates.jpg)
Bloomberg analyst Eric Balchunas reported on Nov. 17 that securities regulators are instructing spot Bitcoin ETF applicants to handle funds in a specific way. In a post on X, Balchunas wrote: “Hearing chatter [that the Securities and Exchange Commission’s Trading & Markets division] engaged [with] exchanges this week on spot bitcoin ETF 19b-4s…
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