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Six ETF Issuers Submit Cryptocurrency ETF Physical Redemption Amendment to SEC, Sending Positive Signal

Summary: According to reports, 21Shares, Fidelity, Franklin Templeton, Galaxy, VanEck, and WisdomTree all submitted amended proposals to the U.S. SEC on Tuesday, requesting permission for their physical Bitcoin and Ethereum ETFs, as well as future cryptocurrency ETFs, to adopt a physical redemption mechanism. Analysts believe this move indicates a shift towards a positive approval attitude from ...

According to reports, 21Shares, Fidelity, Franklin Templeton, Galaxy, VanEck, and WisdomTree all submitted amended proposals to the U.S. SEC on Tuesday, requesting permission for their physical Bitcoin and Ethereum ETFs, as well as future cryptocurrency ETFs, to adopt a physical redemption mechanism. Analysts believe this move indicates a shift towards a positive approval attitude from the SEC towards cryptocurrency ETFs.

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Link: Six ETF Issuers Submit Cryptocurrency ETF Physical Redemption Amendment to SEC, Sending Positive Signal [Copy]

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