📍 SEC greenlights crypto: BTC and ETH ETFs to be settled In-kind



- The SEC has officially allowed the in-kind creation/redemption mechanism for all Bitcoin and Ethereum spot ETFs, instead of cash as before.
- The new approach helps organizations trade more effectively, at lower costs, avoiding market fluctuations.
- This is the first crypto-friendly policy under the new leadership of Chairman Paul S. Atkins.
- The SEC is also expanding options contracts, increasing positions up to 250,000 contracts and licensing mixed ETFs #BTC + #ETH.
CHO-6.43%
BTC-1.75%
ETH-4.24%
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