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SEC Requests Feedback on In-Kind Redemption Option for Bitcoin and Ether Exchange-Traded Funds (ETFs)
The Securities and Exchange Commission (SEC) has provided guidance on in-kind redemptions for Bitcoin and Ether exchange-traded funds (ETFs). This decision marks a significant step in the regulation of digital asset securities. In-kind redemptions are a process where ETF shares can be redeemed for the underlying assets, such as Bitcoin and Ether, instead of cash. [...]
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