Sources: SEC requires issuers to create spot Bitcoin ETFs with cash and remove all hints of physical redemptions from documents
Fox Business reporter Eleanor Terrett stated on X platform that sources have revealed to her that the SEC is holding joint conference calls with potential issuers to ensure that their physically-backed Bitcoin ETF products are cash-settled. The SEC also requires applicants to remove all references to physical redemption from their filings.
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.
You may also like
Bitget to list Pons (PONS)
Bitget US Stocks Gold-tier Fans Challenge | KCGI Special: Share the $3,000 Prize Pool!
Futures Martingale custodial bots will be discontinued on October 12, 2026
CandyBomb x DGAI: Trade to share 60,000 USDT
Crypto prices
More
