đ˘ SEC seeks public comment on WisdomTree Bitcoin ETFâs in-kind creation/redemption process
The SEC is requesting feedback on proposed rule changes for WisdomTree's spot Bitcoin ETF.
đ Previously, the SEC delayed decisions on in-kind mechanisms for BlackRockâs IBIT, VanEck's Bitcoin & Ethereum Trusts, and called on market participants to weigh in.
đ Approval of in-kind creation/redemption could boost liquidity and lower arbitrage costsâa structural tailwind for spot crypto ETFs.