SEC Requests Public Input on WisdomTree Bitcoin ETF Rule Change

The U.S. Securities and Exchange Commission (SEC) is seeking public feedback on proposed rule adjustments for the WisdomTree Bitcoin Fund’s exchange-traded fund (ETF) structure. The SEC aims to determine whether the in-kind creation and redemption method should be permitted, potentially impacting the way Bitcoin ETFs operate. This move comes after years of scrutiny regarding similar rule changes for other Bitcoin ETFs, including those from BlackRock and VanEck.