🚨NEW: The @SECGov is delaying until June 3rd its decision to allow for @WisdomTreeFunds and @vaneck_us to do in-kind creations and redemptions for their BTC and ETH spot ETFs. In-kind means you exchange the underlying assets (like Bitcoin and Ethereum) directly, instead of converting in and out of cash, which the Gensler SEC demanded. In-kind avoids taxable events and helps maintain liquidity and price stability.