According to Bloomberg ETF analyst Eric Balchunas, the Securities and Exchange Commission (SEC) is aiming to reduce the number of intermediaries involved in spot Bitcoin exchange-traded funds (ETFs). The SEC’s objective is to enhance control over these ETFs by streamlining the process and minimizing the involvement of intermediaries. This move could potentially make spot Bitcoin ETFs more manageable and efficient.
HomeDIGITAL ASSETS REGULATORYworldwide-stablecoinSEC's Bitcoin ETF Update Deadline Today: Cash-Create vs. In-Kind