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Just in: SEC Delays In-Kind Redemptions for Bitcoin and Ethereum ETFs

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Summary
Nutrition label

73% Informative

SEC postpones Fidelity ’s request to include in-kind redemptions in its spot Bitcoin and Ethereum exchange-traded funds (ETFs) Fidelity is among several major asset managers that have filed to allow in kind redemptionions in their spot cryptocurrency ETFs.

The regulatory agency has not provided a timeline for when a final decision might be made.

Fidelity isn't the only issuer facing delays, with WisdomTree and VanEck also facing delays.

VR Score

59

Informative language

50

Neutral language

67

Article tone

formal

Language

English

Language complexity

60

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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