The SEC Is About To Approve A Key Advancement For Crypto ETFs
14h05 ▪
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min read ▪ by
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.
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…