BTC STABLE, SEC ALLOWS IN-KIND REDEMPTIONS, FED DECISION TODAYBTC broadly stable ahead of Fed decision today. SEC allows ETPs to use in-kind mechanisms. eToro launches tokenised US stocks on ETH.…
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…
The United States Securities and Exchange Commission (SEC) extended its deadline for ruling on in-kind redemptions for two separate crypto exchange-traded funds (ETFs).According to a Wednesday SEC filing, the regulator…
In brief
The U.S. Securities and Exchange Commission extended its timeline for weighing in on in-kind redemptions for two ETFs focused separately on Bitcoin and Ethereum.
In-kind redemptions allow investors to exchange…
In brief
Tether is ending support for its USDT stablecoin on five blockchains.
The firm will stop redeeming USDT on September 1, thereafter freezing remaining assets on those chains.
USDT is the largest…
Bitwise has amended its proposed Dogecoin and Aptos exchange-traded funds to include in-kind redemptions, according to filings on Thursday. The updates come as discussions around altcoin ETFs and redemption structures…
Key Points:BlackRock receives SEC approval for Ethereum ETF in-kind redemptions.This move could enhance liquidity and institutional appeal.Ethereum’s market performance remains robust.
Investor sentiments were mixed, with optimism observed among Ethereum proponents.…
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