The U.S. Securities and Exchange Commission (SEC) has once again postponed its decision regarding the approval of in-kind creations and redemptions for spot Bitcoin (BTC) and Ethereum (ETH) ETFs. This affects proposals submitted by WisdomTree and VanEck. Eleanor Terrett, host of Crypto in America, reported that the SEC's decision is now expected by June 3rd (local time). This delay introduces further uncertainty for investors awaiting the potential benefits of in-kind redemption mechanisms, which could improve ETF efficiency and reduce costs. The SEC has been cautious in approving spot crypto ETFs, citing concerns about market manipulation and investor protection. The ongoing regulatory scrutiny continues to shape the landscape of digital asset investment products. This decision will be crucial for future crypto investment. ```