Cboe represents Inveso Galaxy in applying to the US SEC, allowing its Bitcoin and Ethereum ETFs to be physically redeemed
Bitget2025/03/13 12:02
The Cboe BZX Exchange has submitted a proposed rule change on behalf of Inveso Galaxy to the U.S. Securities and Exchange Commission (SEC) to allow its spot Bitcoin ETF and Ethereum ETF to create and redeem shares in kind. Physical redemption and creation allows for the direct exchange of the underlying assets of the ETF (Bitcoin or Ethereum) for ETF shares, eliminating the need for cash.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!
You may also like
Aave Labs launches Horizon program, which may create new revenue sources for Aave DAO
Bitget•2025/03/13 14:34
Trending news
MoreCrypto prices
More
Bitcoin
BTC
$81,649.06
+0.97%
Ethereum
ETH
$1,874.63
+1.54%
Tether USDt
USDT
$0.9999
+0.02%
XRP
XRP
$2.3
+7.37%
BNB
BNB
$577.75
+4.19%
Solana
SOL
$124.32
+0.45%
USDC
USDC
$1
+0.02%
Cardano
ADA
$0.7145
-0.70%
Dogecoin
DOGE
$0.1674
+2.68%
TRON
TRX
$0.2262
+2.50%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new Bitgetters!
Sign up now