The U.S. Securities and Change Fee (SEC) introduced on Tuesday that “licensed individuals” (APs) for crypto exchange-traded merchandise (ETPs) can now execute in-kind transactions, according to all different commodity-based ETPs. APs are monetary establishments that create and redeem ETP shares based mostly on market demand. The creation and redemption processes are best and cost-effective […]
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SEC Greenlights In-Form Transactions for Crypto Change-Traded Merchandise
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