⭕ Urgent | The Chairman of the U.S. Securities and Exchange Commission announced the approval of the mechanism for the creation and redemption of physical shares for exchange-traded funds (ETFs) linked to cryptocurrencies.

⏪ This step is a highly significant development, as it contributes to balancing the supply and demand for ETF units by allowing authorized participants to create new units when demand rises or redeem them when it falls, through actual delivery of assets instead of cash transactions.

⏪ This mechanism is expected to enhance pricing efficiency and maintain the convergence of ETF share prices with their net asset values, which supports market stability and provides more reliability for investors in the digital currency sector.