BlockBeats News, July 23rd. Bloomberg ETF analyst James Seyffart stated in a recent article that five ETFs listed on CBOE have submitted amended filings to the SEC, indicating that the regulatory agency is actively engaged in discussions with the funds and making detailed adjustments, possibly paving the way for an in-kind creation and redemption mechanism.
It is worth noting that this mechanism is only applicable to authorized participants (such as large Wall Street institutions and market makers), and regular investors cannot directly exchange Bitcoin or Ethereum spot assets for ETF shares.
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