SEC Approves In‑Kind Redemptions for Crypto ETPs ☑️

The U.S. Securities and Exchange Commission has authorized in-kind creation and redemption for spot Bitcoin and Ethereum exchange-traded products, allowing institutional participants to directly exchange crypto assets for ETF shares instead of using cash—a practice common in commodity ETFs. The change is expected to reduce costs, improve market efficiency, and align crypto ETPs with traditional financial standards, with broader structural enhancements including options approvals also moving forward

📱@Money 📱Twitter

#crypto