The US SEC delays the decision on Bitwise encryption ETF's physical redemption application

2025-07-17 12:21:22

ChainCatcher news, the SEC announced an extension of the review period for Bitwise's Spot Bitcoin and Ether ETF physical redemption proposal. If approved, investors will be able to directly redeem BTC or ETH assets. The proposal is currently under review at the NYSE Arca, and the SEC stated that more time is needed to evaluate the related rule changes and potential issues. The physical redemption method may affect tax treatment.

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SellingInTheBustling

· 07-17 12:35

Afraid of investors dumping? Hehe, you have to sell out your goods first, then redeem them for [龇牙].

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