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Hey guys. Seeing a lot of accounts reporting that Fidelity is now able to do in-kind creation/redemption with their Bitcoin ETF. The SEC hasn't yet allowed this. Its similar to these filings I tweeted about yesterday. We do expect the SEC to approve this. But they haven't yet
23.7. klo 00.50
NEW: More positive signs regarding Bitcoin & Ethereum ETFs obtaining the ability to do in-kind creation and redemption
5 different funds on CBOE filed amendments with the SEC. This indicates to me that there is positive movement and likely fine tuning happening with the SEC
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