The approval coincides with rising institutional interest and bipartisan efforts to formalize crypto market rules The U.S. Securities and Exchange Commission (SEC) has approved in-kind creation and redemption for cryptocurrency exchange-traded products (ETPs), allowing authorized participants to exchange ETF shares directly for the underlying crypto assets rather than cash. In… Continue reading SEC Approves In-Kind Crypto Redemptions So ETFs Can “Use the Same Processes” as Commodity Funds
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