SEC Seeks Feedback on WisdomTree Bitcoin Fund’s In-Kind Creation Rules Amid Ongoing ETF Discussions

On June 3rd, **COINOTAG News** reported that the **U.S. Securities and Exchange Commission (SEC)** is actively soliciting public feedback regarding potential amendments to the rules governing the **WisdomTree Bitcoin Fund**. This initiative involves the possibility of enabling **in-kind creation and redemption**, a significant step that could enhance operational flexibility for cryptocurrency **exchange-traded funds (ETFs)**. Historically, the SEC has delayed decisions on similar rule modifications, seeking insights on in-kind operations in relation to various cryptocurrency ETFs, including **BlackRock’s** iShares Bitcoin Trust and the **VanEck** Bitcoin and Ethereum Trusts. In a formal announcement, the SEC is inviting stakeholders to submit written comments in the next 21 days, shedding light on whether these proposed changes should proceed to approval or rejection, thereby shaping the landscape of cryptocurrency investment vehicles in the U.S.