The U.S. SEC recently approved the creation and redemption mechanism for cryptocurrency ETFs, and this policy breakthrough will greatly enhance ETF market efficiency, reduce trading costs and tax burdens, and provide institutional investors with more flexible investment tools.
The new mechanism will push the structure of ETF products towards maturity, making it closer to the traditional asset ETF model.
SEC Chairman Atkins clearly stated that this regulatory innovation represents a shift towards a more open and friendly direction in U.S. cryptocurrency regulation, and the market is expected to welcome a new peak of institutional capital inflow as a result.
It is expected that the U.S. cryptocurrency ETF market will rapidly expand in the future and have a demonstration effect on global regulation, and investors should actively seize this historic opportunity.
