SEC Approves In-Kind Redemption for Bitcoin and Ethereum ETFs to Enhance Market Efficiency
The U.S. Securities and Exchange Commission has approved in-kind redemption for Bitcoin and Ethereum exchange-traded funds (ETFs), significantly altering previous cash-only redemption requirements. This decision enables authorized participants to directly exchange ETF shares for corresponding Bitcoin or Ethereum assets rather… Read More »SEC Approves In-Kind Redemption for Bitcoin and Ethereum ETFs to Enhance Market Efficiency