Bloomberg ETF analyst James Seyffart wrote that recently, five funds listed on the CBOE submitted revised documents to the SEC, indicating that the regulator is actively communicating with the fund and adjusting the details, or paving the way for the physical subscription and redemption mechanism.
It is worth noting that this mechanism is only available to authorized participants (such as large Wall Street institutions and market makers), and ordinary investors cannot directly exchange ETF shares for Bitcoin or Ethereum spot assets.
Analysis: Bitcoin and Ethereum ETFs Approved Physical Subscription and Redemption Mechanisms Show Positive Signals
2025-07-22 17:21:04
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.