📊Black Rock, Franklin Templeton, and Fidelity met with the SEC regarding Bitcoin ETF filings.
💰Black Rock's proposed Bitcoin ETF could allow authorized participants to create new fund shares with cash, opening the doors for Wall Street banks to participate.
⚠️Concerns arise that the ETF may not be backed by actual Bitcoin.
🤝Circle is partnering with New Bank to promote the adoption of USDC in Brazil.
🌎USDC's global expansion is gaining momentum.
What companies met with the SEC?
—Black Rock, Franklin Templeton, and Fidelity recently met with the SEC to discuss Bitcoin ETF filings.
What does Black Rock's proposed ETF enable?
—Black Rock's proposed ETF could enable authorized participants to create new fund shares with cash instead of only using cryptocurrency.
What concerns are there about the ETF?
—Some are concerned that the ETF may not be backed by actual Bitcoin.
Who is Circle collaborating with?
—Circle is partnering with New Bank to encourage the adoption of USDC in Brazil.
What is USDC's global expansion status?
—USDC's global expansion is gaining momentum.
00:00Black Rock, Franklin Templeton, and Fidelity met with the SEC regarding Bitcoin ETF filings.
01:01Black Rock's proposed Bitcoin ETF could enable authorized participants to create new fund shares with cash.
01:35Concerns arise that the ETF may not be backed by actual Bitcoin.
02:52Circle is partnering with New Bank to promote the adoption of USDC in Brazil.
03:58USDC's global expansion is gaining momentum.
