Key Takeaways The U.S. SEC has greenlighted an in-kind basis for crypto ETFs to enhance tax efficiency and cut operating costs. But only institutional investors will benefit in the immediate future. On the 29th of July, the U.S. Securities and Exchange Commission (SEC) greenlighted in-kind creations and redemption for spot crypto ETPs (exchange-traded products). Now, authorized participants (APs) — typically …
Read More »‘It’s a new day’: SEC approves in-kind redemptions for spot Bitcoin, Ethereum ETFs
