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- #Gate 2025 Semi-Year Community Gala# voting is in progress! 🔥
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SEC Approves In-Kind Redemption Mechanism for Bitcoin and Ethereum ETFs
Gate News bot message, The U.S. Securities and Exchange Commission (SEC) has authorized the use of in-kind redemption mechanisms for both Bitcoin and Ethereum Exchange-Traded Funds (ETFs). This regulatory decision allows ETF issuers to handle fund transactions through direct cryptocurrency transfers rather than cash settlements.