The SEC Is About To Approve A Key Advancement For Crypto ETFs


14h05 ▪
4
min read ▪ by
Fenelon L.

The SEC finally seems ready to take a decisive step. Several Bitcoin and Ethereum ETF issuers have just filed amendments to add in-kind redemptions. A key step for these products, which could thus gain in attractiveness and tax efficiency.

Un régulateur inquiet s’apprête à tamponner un document, accablé par les ombres menaçantes de Bitcoin et Ethereum. L’ambiance dramatique suggère la pression intense subie par la SEC.Un régulateur inquiet s’apprête à tamponner un document, accablé par les ombres menaçantes de Bitcoin et Ethereum. L’ambiance dramatique suggère la pression intense subie par la SEC.

In brief

  • Five major ETF issuers recently amended their prospectuses to include in-kind redemptions, according to Bloomberg analyst James Seyffart.
  • This synchronization suggests advanced negotiations with the SEC, after months of delays and…

Source link