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U.S. SEC Approves In-Kind Creations and Redemptions for Crypto ETPs

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The BTC/USD pair has signaled bullish sentiment in the near term. The United States Securities and Exchange Commission (SEC) has approved the in-kind creation and redemption of crypto assets exchange-traded products (ETPs). For the past 19 months, since the first spot Bitcoin (BTC) exchange-traded fund (ETF) was approved,…

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