Internet reports that the U.S. Securities and Exchange Commission (SEC) is seeking feedback on whether to change the rules to allow physical creation and redemption of the WisdomTree Bitcoin Fund. According to information released by the agency, regarding the WisdomTree Bitcoin Fund, the SEC invites individuals to submit written data, opinions or arguments within 21 days to decide whether the rule change should be approved or opposed. WisdomTree Bitcoin Fund ( BTCW) is a spot Bitcoin exchange-traded fund (ETF) that was originally approved in January 2024. Physical redemption allows investors to use the underlying asset (Bitcoin in this case) rather than cash to redeem their shares in the fund.