Wu Blockchain (@WuBlockchain): The U.S. SEC has approved allowing crypto asset exchange-traded products (ETPs) to use in-kind creation and redemption mechanisms. Jamie Selway, Direc…
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The U.S. SEC has approved allowing crypto asset exchange-traded products (ETPs) to use in-kind creation and redemption mechanisms. Jamie Selway, Director of the SEC’s Division of Trading and Markets, stated that this mechanism will offer greater efficiency and cost advantages to issuers, authorized participants, and investors. https://t.co/MaUkNLDFMz