SEC Delays Decision on In-Kind Redemption for Bitcoin & Ethereum ETFs

The U.S. Securities and Exchange Commission (SEC) has pushed back its decision on allowing WisdomTree and VanEck to implement in-kind creation and redemption mechanisms for their spot Bitcoin and Ethereum exchange-traded funds (ETFs). The new deadline for a review is June 3, 2025. This delay follows the SEC’s cautious approach towards digital asset ETFs, with the focus remaining largely unchanged from past years.