#ETH It is reported that the U.S. Securities and Exchange Commission (SEC) has approved allowing cryptocurrency asset exchange-traded products (ETPs) to adopt a physical subscription and redemption mechanism. Jamie Selway, Director of the SEC's Division of Trading and Markets, stated that this mechanism will bring greater efficiency and cost advantages to issuers, authorized participants, and investors. On the same day, the SEC also approved several rule amendments related to cryptocurrency asset ETPs, including an increase in some Bitcoin ETPs.

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