Bitwise’s Bitcoin and Ether ETPs to Offer In-Kind Creations and Redemptions, Providing Greater Trading Efficiency to Investors
The SEC’s approval marks a key milestone for bitcoin and ether ETPs, bringing their creation and redemption processes in line with those of traditional-asset ETFs and ETPs. Bitwise Asset Management, the global crypto asset manager with over $10 billion in client assets, announced that the Bitwise Bitcoin ETF (NYSE: BITB)......