US SEC Delays In-Kind Approval
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Business & Economics
Just-In: US SEC Delays Decision on VanEck In-Kind Create Bid For Bitcoin ETF

62% Informative
US SEC delayed decision to approve VanEck ’s request for In-Kind creation for spot Bitcoin ETF application.
Decision also impacts WisdomTree and extends to the spot Ethereum ETF offering.
US SEC said it needs more time to decide whether it will apply in-kind creation on crypto ETFs.
This redemption model will help create more liquidity in the market for BTC and ETH .
Market trend is shifting with new US SEC pro-crypto stance.