The SEC is seeking public comments on the modification of the physical subscription and redemption rules for the WisdomTree Bitcoin Fund

ChainCatcher news, according to TheBlock, the U.S. Securities and Exchange Commission (SEC) is seeking public opinion on whether to amend rules to allow the WisdomTree Bitcoin Fund to conduct physical purchases and redemptions.

Previously, the SEC has repeatedly delayed decisions on the physical purchase and redemption mechanisms for cryptocurrency ETFs and has requested feedback from market participants, involving products such as BlackRock's iShares Bitcoin Trust (IBIT), VanEck Bitcoin Trust, and VanEck Ethereum Trust.