With more than 5,000 people attending, it will be the largest DeFi conference in history.
The SEC has repeatedly denied proposals from fund groups to launch a spot bitcoin product.
3iQ had been working with the OSC’s Investment Funds and Structured Products branch for more than two years before the IFSP director concluded in February 2019 that bitcoin was an illiquid asset — essentially nixing the fund.
Matta said, however, that he doesn’t expect the SEC to approve a spot bitcoin ETF until the second half of 2023 or 2024.