US SEC TF Discusses 'In-Kind Redemptions' of Crypto Asset ETF with BlackRock

Source
JH Kim

Summary

  • It was reported that the US Securities and Exchange Commission (SEC) Crypto Asset Task Force met with a delegation from BlackRock.
  • During this meeting, they discussed the possibility of allowing an in-kind redemption structure for the crypto asset ETF managed by BlackRock.
  • This discussion is attracting investors' attention as it involves a discussion with BlackRock, the world's largest asset manager.

Eleanor Terrett, the host of 'Crypto in America,' reported on the 3rd (local time) on X (formerly Twitter) that the US Securities and Exchange Commission (SEC) Crypto Asset Task Force (TF) met with a delegation from the world's largest asset manager, BlackRock, this week to discuss the possibility of allowing in-kind redemptions for the crypto asset exchange-traded fund (ETF) managed by BlackRock.

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JH Kim

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