SEC delays decision on in-kind creations for Bitcoin and Ethereum spot ETFs

According to a post from Eleanor Terrett on X, the SEC has decided to delay its decision to allow WisdomTreeFunds and VanEck to process in-kind creations and redemptions for their BTC and ETH spot ETFs until June 3. She explained that “in-kind” involves exchanging the underlying assets (like Bitcoin and Ethereum) directly without the need […] source: https://www.cryptopolitan.com/sec-delays-decision-bitcoin-ethereum-etfs/