🔥 HUGE MOVE FOR BITCOIN AND ETHEREUM ETFS! CBOE FILES GAME-CHANGING RULE! 🚀💥
Cboe BZX Exchange has filed a proposed rule change with the SEC to allow in-kind creations and redemptions for ARK 21Shares Bitcoin ETF (ARKB) and 21Shares Core Ethereum ETF (CETH). This change means ETFs can exchange shares using Bitcoin or Ethereum instead of cash, reducing costs and minimizing taxable events. This follows Nasdaq’s similar move for BlackRock’s iShares Bitcoin Trust. As of January 27, ARKB holds $5.10B in assets, while CETH holds $16.77M.
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