SEC Set To Shake Up Bitcoin, Ethereum ETFs With In-Kind Approval
Description
The US Securities and Exchange Commission is edging toward a structural makeover of spot‑Bitcoin and Ethereum exchange‑traded funds, after five Cboe BZX‑listed products simultaneously asked to swap their cash‑only creation and redemption model for the in‑kind mechanics long used by commodity and equity ETFs. Filings submitted late on 22 July cover the ARK 21Shares Bitcoin ETF and the 21Shares Core Ethereum ETF (together in SR‑CboeBZX‑2025‑010 Amendment No. 3), WisdomTree’s Bitcoin Fund (SR‑CboeB...
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