SEC Greenlights Crypto ETPs
The SEC’s Green Light: In-Kind Creations and Redemptions for Crypto ETPs Introduction The cryptocurrency market has witnessed a transformative development with the U.S. Securities and Exchange Commission (SEC) approving in-kind creations and redemptions for crypto exchange-traded products (ETPs). This landmark decision aligns crypto ETPs with traditional commodity-based ETPs, promising enhanced efficiency, reduced costs, and broader…
