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BlackRock, Nasdaq, SEC Met Regarding Bitcoin ETF

Representatives from BlackRock (BLK), Nasdaq, and the Securities and Exchange Commission (SEC) met for the second time in a month to discuss rule changes that are necessary to list the bitcoin (BTC) exchange-traded fund (ETF), according to a published memo. “The discussion concerned The NASDAQ Stock Market LLC’s proposed rule change to list and trade shares of the iShares Bitcoin Trust under Nasdaq Rule 5711(d),” the memo reads. As CoinDesk previously reported, the inclusion of a surveillance-sharing agreement aims to mitigate market manipulation risks associated with crypto trading. The groups also met in November to discuss the same topic, according to a published memo.

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