The Securities and Exchange Commission (SEC) approved orders allowing authorized participants to create and redeem shares of spot Bitcoin (BTC) and Ethereum …
Redemptions
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Markets
SEC Approves In-Kind Redemptions for All Spot Bitcoin and Ethereum ETFs
by shayaanby shayaanThe U.S. Securities and Exchange Commission (SEC) has approved the use of in-kind creation and redemption processes for all spot bitcoin (BTC) …
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Finance
Wall Street Set to Benefit as In-Kind Crypto ETF Redemptions Gain Momentum
by shayaanby shayaanRecent developments suggest positive developments toward in-kind creations for crypto ETFs (exchange-traded funds) after major providers filed amendments. The US SEC (Securities …
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Regulation
SEC Delays Decision on Bitwise Bitcoin, Ethereum ETFs’ In-kind Redemptions
by shayaanby shayaanThe U.S. Securities and Exchange Commission has delayed its decision on in-kind redemptions for the Bitwise Bitcoin ETF Trust and Bitwise Ethereum …
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Smart Contracts
Tether to End USDT Redemptions on Bitcoin Cash, Algorand and Beyond
by shayaanby shayaanIn short Tether ends support for his USDT Stablecoin on five block chains. The company stops redeeming USDT on 1 September and …
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The Securities and Exchange Commission (SEC) is not yet ready to make a decision on two critical features that issuers of the …
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Regulation
SEC delays decisions on staking and in-kind redemptions for crypto ETFs to early June
by shayaanby shayaanThe US Securities and Exchange Commission (SEC) has delayed decisions on two proposed amendments related to crypto exchange-traded funds (ETFs), extending review …
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Markets
First Digital USD (FDUSD) Depegs After Justin Sun Alleges Firm Is ‘Insolvent’ and Not Fulfilling Redemptions
by shayaanby shayaanA prominent stablecoin depegged from the US dollar Wednesday morning after it was alleged that its Hong Kong-based issuer was bankrupt In …
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Finance
Cboe Files to Allow In-Kind Redemptions for Invesco Galaxy Bitcoin and Ethereum ETFs
by shayaanby shayaanCboe BZX Exchange has filed a proposed rule change with the U.S. Securities and Exchange Commission (SEC) on behalf of Inveso Galaxy …
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Regulation
SEC acknowledgment boosts chances for spot Litecoin ETF, in-kind redemptions for Bitcoin ETF
by shayaanby shayaanThe US Securities and Exchange Commission (SEC) has acknowledged two key filings: an amendment for Grayscale’s proposed spot Litecoin (LTC) exchange-traded fund …