📑 SEC Engages on Physical Redemption for Crypto ETFs
According to Bloomberg’s James Seyffart, five funds on the CBOE have submitted updated filings — showing the SEC is actively working with issuers to refine a physical redemption mechanism.
This is a quiet but powerful signal.
We’re watching the infrastructure for real asset-backed ETFs taking shape — not just in theory, but in motion. Even though retail can’t redeem for spot BTC or ETH directly, the fact that Wall Street players will be able to is a major unlock for deep liquidity and stronger price trust.
The game is changing — not overnight, but layer by layer.
#BTC #ETH #CryptoETFs #SEC #InstitutionalAdoption #CBOE #JamesSeyffart
#MarketEvolution