The US SEC has postponed its decision on the physical redemption applications of WisdomTree and VanEck Bitcoin and Ethereum spot ETFs until June 3rd

According to The Defiant, the US Securities and Exchange Commission (SEC) has postponed the physical subscription and redemption decisions for the spot Bitcoin and Ethereum ETFs of WisdomTree and VanEck until June 3, 2025. Physical transactions involve the direct exchange of underlying assets such as Bitcoin and Ethereum, rather than cash. The New York Stock Exchange Arca and Cboe BZX are exchanges related to these proposals.