TechFlow news — Nate Geraci, President of The ETF Store, disclosed that according to official SEC documents, the U.S. Securities and Exchange Commission (SEC) has formally accepted a rule change proposal submitted by Cboe BZX Exchange to allow in-kind creation and redemption for the ARK 21Shares Bitcoin ETF and the 21Shares Core Ethereum ETF. The proposal will be open for public comment for 21 days following its publication in the Federal Register. Previously, these two ETFs only supported cash-based creation and redemption; approval of in-kind processing would help improve ETF operational efficiency.
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