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PANews reported on December 7 that according to Reuters, citing sources, the negotiations between the U.S. BTC spot ETF (exchange-traded fund) issuer and the U.S. Securities and Exchange Commission (SEC) have entered the stage of key details. This suggests that the SEC may approve these products soon. Currently, 13 companies, including Grayscale Investments and BlackRock, have filed ETF applications with the SEC with the aim of tracking BTC prices. These ETFs, if approved, will provide investors with a new way to invest in BTC. The SEC has long been concerned about BTC vulnerability to manipulation, but recent discussions suggest that the SEC may approve some of the applications. At present, the SEC has begun substantive discussions with issuers on important details.

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