The U.S. Securities and Exchange Commission (SEC) had two meetings this week with companies seeking authorization to launch spot bitcoin exchange-traded funds (ETFs). One was with BlackRock and the other with Franklin Templeton.

In this way, Franklin Templeton joined the list of spot bitcoin ETF applicants who met with the SEC to talk about this product. Meanwhile, BlackRock's meeting was the third it has had with the agency.
The meetings took place to discuss details about their requested ETFs. Although the specific topics they discussed are unknown.
Previously, other applicants for authorization to launch ETFs, such as Grayscale and Ark Invest, have said they are moving forward in positive talks with the SEC. And they have warned that this regulator is "anxious" to reach an approval. Likewise, SEC Commissioner Hester Peirce stated that these products should have been approved years ago.
All this has raised expectations that the authorization of these ETFs will finally be finalized. In previous years, the SEC has not had the positive attitude it currently shows with applicants and has rejected the bitcoin spot ETFs filed.