US SEC delays ruling on Bitwise crypto ETF physical redemption application

By: odaily.com|2025/07/17 12:21:30

Odaily News The US SEC announced that it would extend the review period for the Bitwise spot Bitcoin and Ethereum ETF physical redemption proposal. If approved, investors will be able to redeem BTC or ETH assets directly. The proposal is currently pending review at NYSE Arca, and the SEC said it needs more time to evaluate relevant rule changes and potential issues. Physical redemption may affect tax treatment. (Cointelegraph)

Sonic to launch AI-driven development platform Spark, allowing users to build and deploy full-stack decentralized applications without programming Total Ethereum Smart Contract Holdings Surpass $50 Billion, Reaching an All-Time High

WEEX Steals the Show at BlockchainRIO 2025: First LATAM Appearance Unlocks Brazil’s Crypto Potential

In 2025, WEEX lit up Latin America with its debut at BlockchainRIO as Platinum Sponsor. With bold vision and unstoppable momentum, the rising exchange made waves across the region’s crypto scene.

WEEX|2025/08/13 09:30:52

Zulu Network ZULU Coin Airdrop: How to Claim $500 Free Tokens by May 2025

I’ve been diving deep into cryptocurrency airdrops for years, and I still remember my first big win back…

crypto insight|2025/08/13 09:30:21

Understanding Bitcoin CME Gaps: A Guide to Trading Them in 2025

Bitcoin CME gaps might sound like a mysterious puzzle in the crypto world, but they’re actually fascinating opportunities…

crypto insight|2025/08/13 06:40:15

Crypto Payments and AI Fuel Massive Adoption Surge in 2025

As of today, August 13, 2025, the world of cryptocurrency continues to evolve rapidly, with fresh insights revealing…

crypto insight|2025/08/13 06:40:16

Ethereum Foundation Launches Trillion Dollar Security Initiative to Overhaul Legacy Systems on August 13, 2025

Imagine a world where your digital assets are as secure as a fortress, shielding trillions in value from…