U.S. SEC Approves In-Kind Creations and Redemptions for Crypto ETPs

The United States Securities and Exchange Commission (SEC) has approved the in-kind creation and redemption of crypto assets exchange-traded products (ETPs). For the past 19 months, since the first spot Bitcoin (BTC) exchange-traded fund (ETF) was approved, the creation and redemption have been limited to an in-cash basis only. Following the July 29 approval, the … source: https://coinpedia.org/news/u-s-sec-approves-in-kind-creations-and-redemptions-for-crypto-etps/