US SEC Seeks Public Comments on Changes to WisdomTree Bitcoin Fund Physical Subscription and Redemption Rules

Odaily News The U.S. Securities and Exchange Commission (SEC) is seeking public opinion on whether the rules should be amended to allow physical subscriptions and redemptions for the WisdomTree Bitcoin Fund. Previously, the SEC has repeatedly postponed its decision on the physical subscription and redemption mechanism for cryptocurrency ETFs and asked market participants to provide feedback. The products involved include BlackRock's iShares Bitcoin Trust (IBIT), VanEck Bitcoin Trust and VanEck Ethereum Trust. (TheBlock)