⌐◪-◪ → The SEC confirmed it met with multiple Bitcoin ETF issuers yesterday, including BlackRock, Valkyrie, ARK, etc.

SEC was clear on one thing: remove "in-kind" redemptions from filings, "Cash creates" only.

Looks like yesterday's rumors were true - putting Specs readers ahead of the curve once again. To get the most out of Specs, join our Telegram chat below.

⌐◪-◪ → Elon is a master of grabbing people's attention, and this one-liner on crypto is no different. Listen here for the full dialogue with Catherine Wood.

On one hand, the man is incredibly busy building electric cars, launching rockets into space, and turning Twitter into X - so he probably doesn't have the mental bandwidth to think about crypto; but…

On the other, he founded one of the most disruptive fintech companies (PayPal), is a huge fan of Dogecoin, and constantly talks about adding digital payments to X - which makes me think he DOES think about crypto, a lot.

Who really knows, I suppose it doesn't matter, but if X (Twitter) integrates Dogecoin - I will die.

⌐◪-◪ → It looks like Hong Kong is playing catch-up to the US in the spot crypto ETF race.

It will be interesting to see how quickly Hong Kong can approve ETFs relative to the US/SEC - which was (obviously) painfully slow.

I reckon we'll see other major countries, perhaps India, enter the spot crypto ETF race in 2024. All of this + the Bitcoin halving has me mega bullish.