BlackRock, Fidelity Investments, and other applicants for a spot Bitcoin ETF will meet with the U.S. Securities and Exchange Commission (SEC) next week. The meeting follows the refiling of their applications with the SEC, which now include details of their surveillance-sharing partners.

Bloomberg analysts believe the meeting is crucial for the crypto industry, as the SEC has so far denied a spot Bitcoin ETF while approving other similar ETFs. BlackRock CEO Larry Fink has praised Bitcoin as a new form of gold and hopes to work with regulators to approve the company's first spot Bitcoin ETF application.