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Posted by
Two Blokes Jul 30 -
Filed in
Crypto
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3 views
The U.S. Securities and Exchange Commission (SEC) has approved in-kind creation and redemption processes for all spot Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds (ETFs), a move widely seen as a breakthrough for institutional crypto investing. This decision allows authorized participantstypically large financial institutionsto create and redeem ETF shares directly using BTC or ETH instead of cash, streamlining operations and reducing conversion costs.
