🔥 BlackRock has accepted the SEC's request to edit its Bitcoin ETF text to "cash only" instead of "in-kind"

However, the filing amendment shows that BlackRock hopes to later support BTC-denominated creation, pending further SEC approval.

Valkyrie, Invesco, Galaxy Digital and other Bitcoin ETF issuers have also updated to support "cash only"

Here's what the companies have been discussing with the SEC for the past few weeks... sounds like an agreement has been reached... Bitcoin Spot ETF soon? #BitcoinETF #BlackRock #SEC