Blackstone and Nasdaq to meet with SEC regarding Bitcoin ETF application

Blackstone Group and Nasdaq met with the Trading and Markets Division of the U.S. Securities and Exchange Commission (SEC) on Tuesday to discuss the asset management company's application to launch a spot Bitcoin ETF.

The meeting included Robert Mitchnick, Head of Blackstone Digital Assets, as well as members of the asset management company's ETF team. Joseph Cusick, Vice President and Chief Regulatory Officer of Nasdaq, Giang Bui, Head of U.S. Equities and Trading Products, and Alison Doyle, Head of ETP Listings also attended the meeting. This meeting is one in a series held between Blackstone Group and SEC regarding Bitcoin ETF applications. Analysts believe that at least one spot Bitcoin ETF will receive SEC approval by 2024.