"Decoding the Bitcoin ETF Dilemma: In-Cash vs. In-Kind Creation and Redemption, and the Ripple Effect on Traditional Asset Dynamics"

In the rapidly evolving landscape of cryptocurrency investment, the Securities and Exchange Commission (SEC) is exerting influence on Bitcoin exchange-traded fund (ETF) issuers, particularly regarding the choice between in-cash and in-kind creation and redemption models. This pivotal decision holds implications not only for the cryptocurrency market but also for traditional asset dynamics. ### The SEC's Stand and ETF Issuers' Compliance As of December 14, 2023, ETF applicants like Invesco and Galaxy have acquiesced to the SEC's preference for a "cash" redemption model. This approach involves transactions in cash, deviating from alternatives proposed by issuers, including financial giant BlackRock. The regulatory insistence on cash transactions is seen as a measure to ensure a controlled and direct process for creating and redeeming ETF shares. <a href="https://medium.com/@BobbyGiggz/decoding-the-bitcoin-etf-dilemma-in-cash-vs-66f4930260a9">Read More</a>