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US SEC Delays Decision on Bitwise BTC and ETH ETF Physical Redemption

Summary: According to Decrypt, the US Securities and Exchange Commission (SEC) has extended the timeline for the decision on physical redemption for Bitwise Bitcoin ETF Trust and Bitwise Ethereum ETF. Physical redemption allows investors to exchange their ETF shares for the underlying tokens. The new deadline set by the SEC is September 8th.

According to Decrypt, the US Securities and Exchange Commission (SEC) has extended the timeline for the decision on physical redemption for Bitwise Bitcoin ETF Trust and Bitwise Ethereum ETF. Physical redemption allows investors to exchange their ETF shares for the underlying tokens. The new deadline set by the SEC is September 8th.

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