The SEC has approved in-kind redemptions for crypto ETFs, enabling a feature sought by Bitcoin and Ethereum fund issuers.
“It’s a new day at the SEC, and a key priority of my chairmanship is developing a fit-for-purpose regulatory framework for crypto asset markets,” he said. “Today’s approvals continue to build a rational regulatory framework for crypto, leading to a deeper and more dynamic market.”
https://decrypt.co/332406/bitcoin-etf-investors-able-redeem-shares-btc
