Five ETFs on CBOE have amended their SEC filings to introduce an in-kind creation and redemption mechanism. This change focuses on improving market efficiency and liquidity, particularly for institutional players, indicating proactive engagement with regulators.
James Seyffart from Bloomberg highlights that this shift towards in-kind structures may signal a growing regulatory comfort with ETFs. Historically, such mechanisms have contributed to tighter spreads and improved liquidity in the market, positively impacting Bitcoin (BTC) valuations.
Leave a Reply