PANews reports on April 15th that according to The Defiant, the U.S. Securities and Exchange Commission (SEC) has postponed the decision on physical subscription and redemption of spot Bitcoin and Ethereum ETFs for WisdomTree and VanEck until June 3, 2025. Physical trading involves direct exchange of underlying assets such as Bitcoin and Ethereum, rather than cash. NYSE Arca and Cboe BZX are the exchanges associated with these proposals.
SEC postpones decision on physical redemption applications for WisdomTree and VanEck Bitcoin and Ethereum spot ETFs until June 3
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BTC
1.32%
ETH
3.03%
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