According to BlockBeats, the U.S. Securities and Exchange Commission (SEC) is inviting public comments on potential rule modifications that would allow the WisdomTree Bitcoin Fund to engage in physical creation and redemption.
The SEC has previously delayed decisions and sought feedback on similar rules concerning cryptocurrency ETFs, including BlackRock's iShares Bitcoin Trust, VanEck Bitcoin Trust, and VanEck Ethereum Trust.
In a recent announcement, the SEC has opened a 21-day period for individuals to submit written data, opinions, or arguments regarding whether the proposed rule change for the WisdomTree Bitcoin Fund should be approved or rejected.
