SEC Reviews BlackRock Bitcoin ETF Redemptions; Delays Solana, Dogecoin Decisions ⏳

The SEC is seeking public input on BlackRock’s proposal to allow in-kind redemptions for its spot Bitcoin ETF, aiming to improve efficiency and lower costs. It also delayed decisions on Grayscale’s Solana and Litecoin trusts, requesting further comment highlighting the agency’s cautious stance on crypto ETFs.