PANews reported on April 15 that according to The Defiant, the U.S. Securities and Exchange Commission (SEC) has postponed the decision on physical subscription and redemption of WisdomTree and VanEck's spot Bitcoin and Ethereum ETFs to June 3, 2025. Physical transactions involve the direct exchange of underlying assets, such as Bitcoin and Ethereum, rather than cash. New York Stock Exchange Arca and Cboe BZX are 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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