SEC Delays Decision on Bitwise Bitcoin, Ethereum ETFs' In-kind Redemptions
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最新报道：The SEC has delayed its decision on Bitwise's proposed Bitcoin and Ethereum ETFs, specifically regarding the use of in-kind redemptions. The regulator extended the review period for Bitwise's application, which seeks to allow investors to redeem shares with actual crypto rather than cash. This approach differs from existing Bitcoin ETFs that use cash redemptions. The SEC's move signals continued caution in approving crypto-related financial products, despite growing demand. Bitwise argues that in-kind redemptions would benefit investors by reducing costs and tax implications. The new deadline for the SEC's decision is now set for October.
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