Cboe has submitted amendments for five crypto ETFs, enabling in-kind share creation and redemption—a positive step toward SEC approval. Analysts view this as a sign of regulatory cooperation rather than resistance.
- Cboe’s amendments for crypto ETFs suggest SEC is open to in-kind redemption frameworks, easing regulatory hurdles.
- In-kind redemptions are limited to authorized participants, not retail investors, but improve market efficiency.
- Multiple filings, including BlackRock’s and Bitwise’s ETFs, await SEC approval to transition from cash-only models.
📎 Related coverage from: cryptoslate.com
