welcome
CoinGape

CoinGape

Business

Business & Economics

Just-In: US SEC Delays Decision on VanEck In-Kind Create Bid For Bitcoin ETF

CoinGape
Summary
Nutrition label

62% Informative

US SEC delayed decision to approve VanEck ’s request for In-Kind creation for spot Bitcoin ETF application.

Decision also impacts WisdomTree and extends to the spot Ethereum ETF offering.

US SEC said it needs more time to decide whether it will apply in-kind creation on crypto ETFs.

This redemption model will help create more liquidity in the market for BTC and ETH .

Market trend is shifting with new US SEC pro-crypto stance.

VR Score

36

Informative language

19

Neutral language

45

Article tone

formal

Language

English

Language complexity

46

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

Affiliate links

no affiliate links