The US Securities and Exchange Committee (SEC) (SEC) has approved the creation and ordinary recovery of the products circulating in the encrypted currency (ETPS), giving the accredited actors the ability to exchange shares directly to the basic coding assets instead of cash.
On Tuesday advertisementSecurities organizer stated that Bitcoin (BTC) funds (BTC) and ETH will allow the creation and recovery of shares on the basis of the eye.
“It is a new day in the Supreme Council for Education, and the main priority of a presidential is to develop an organizational framework suitable for purposes for encryption assets markets,” Paul Atkins, SEC president, said in a statement.
Atkins said the new rules will make Crypto etps “less expensive and more efficient.”
“Creation and ordinary redemption provides flexibility and costs for ETP exporters, accredited participants and investors, which led to a more efficient market,” said Jimmy Celway, Director of the Trading and Markets Department at the Supreme Education Council.
In the context of the funds circulating in the already approved encryption (ETFS), in -kind recitations allow investors to receive basic assets, such as Bitcoin or ETHER, rather than cash when recovering stocks. This method is generally more efficient, as it allows the participants accredited to the fund to avoid selling assets on the market, which may reduce the costs of transactions.
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Organizational momentum is based on investment funds circulating in encryption and policy reform
When SEC agreed to SEC Bitcoin and Eter ETFS in 2024, only allowed cash settings, with approval of regular creativity and recovery. Since then, the momentum has been steadily turned towards embracing eye mechanisms.
At the Bitcoin Policy Institute conference last month, SEC Hester People Commissioner Approach admitted to increasing attention to allowing the sincerity of the eye.
This shift reflects a wider trend in the industry towards more pro -rental policy, which is largely driven by the Trump administration’s commitment to support the sector’s growth. The movement gained more traction earlier this month when Congress approved three encryption bills that deal with the market structure, Stablecoins, and prevent the digital currency of the central bank directed towards monitoring.
In the midst of the broader transformation of the policy supporting the controls, the demand for investment funds circulating in encryption continues. As Cointelegraph, ETF in the United States of America recently recorded a series of 12 -day flows, bringing $ 6.6 billion of assets.
Collectively, the investment funds circulated in the United States in the United States have more than 1.298 million BTC, which are estimated at about 152.1 billion dollars, according to Bitbook. Data.
The momentum is also a construction about ether etfs. ISHARES ETAREUM ETF from Blackrock recently exceeded $ 10 billion in assets in just 251 days, making it the third fastest box to reach this landmark.
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