Bitcoin, Ethereum ETF Issuers Likely to Get SEC Approval for In-Kind Redemptions: Analyst
In brief The SEC appears increasingly likely to approve in-kind redemptions for Bitcoin and Ethereum ETFs, according to Bloomberg analyst James Seyffart. Five issuers with Bitcoin and Ethereum ETFs on the CBOE filed amendments to their prospectuses, suggesting “positive movement” from regulators on approving in-kind redemptions for the funds. The SEC has delayed deadlines for…