SEC Commissioner Hester Peirce Pushes for Bitcoin ETF In-Kind Redemptions to Benefit Crypto Investors

In a significant development for the cryptocurrency market, SEC Commissioner Hester Peirce has expressed support for in-kind redemptions in Bitcoin ETFs. This move, which aligns with her longstanding pro-crypto stance, could revolutionize how Bitcoin ETFs operate by allowing redemptions in bitcoin rather than cash. Currently, cash redemptions require ETF issuers to sell bitcoin, creating taxable events and potentially increasing costs for investors. Peirce's advocacy for in-kind redemptions highlights the potential for greater efficiency, cost reduction, and tax advantages in the crypto investment space. As of August 2025, this proposal could mark a pivotal moment in Bitcoin ETF evolution, offering investors more flexibility and potentially boosting mainstream adoption of cryptocurrency investment vehicles. The crypto community is watching closely as this development could set new standards for how digital asset ETFs are structured and regulated in the United States.

SEC’s Hester Peirce Advocates for In-Kind Redemptions in Bitcoin ETFs

SEC Commissioner Hester Peirce has signaled openness to in-kind redemptions for Bitcoin ETFs, a move that could streamline processes and offer tax advantages for crypto investors. Known for her pro-crypto stance, Peirce emphasized the efficiency gains and cost reductions from allowing redemptions in bitcoin rather than cash.

Currently, cash redemptions force ETF issuers to sell bitcoin, triggering taxable events and adding operational friction. Peirce's remarks during a Coinage Media interview suggest a regulatory shift toward investor-centric product design, sparking enthusiasm across crypto communities.

Jacobi Bitcoin ETF Opens Doors to European Retail Investors

Jacobi Asset Management has removed professional-only and minimum investment requirements for its bitcoin ETF, paving the way for European retail investors to participate. The fund, originally launched in 2023 on Euronext Amsterdam, was initially restricted to institutional players due to regulatory constraints.

The Guernsey regulator's approval marks a strategic shift, reflecting growing institutional and governmental acceptance of Bitcoin. Jacobi collaborated with legal and financial partners including Collas Crill and Sigma Asset Management to achieve this milestone. Zodia Custody continues to provide institutional-grade security for the fund.

"We built this fund with a regulated, institutional-grade structure from day one," a Jacobi spokesperson noted. The expansion comes as cryptocurrency adoption reaches new thresholds across European markets.

Tether and Bitfinex Transfer Over 25,000 BTC to Support Bitcoin-Native Firm's Public Listing

Tether and Bitfinex have jointly transferred 25,812.22 BTC to Twenty One Capital, a Bitcoin-native firm, as part of a pre-funding round aimed at supporting the company's plans for a public listing. The MOVE underscores growing institutional interest in Bitcoin as a strategic asset.

Tether executed two separate transactions, sending 14,000 BTC and 4,812.22 BTC to distinct wallet addresses. Bitfinex contributed an additional 7,000 BTC, reinforcing its partnership with Twenty One Capital. The firm aims to amass a 420,000 BTC stockpile, which WOULD position it as the third-largest corporate holder of Bitcoin.

The funding aligns with Twenty One Capital's strategy to go public through a SPAC merger. Paolo Ardoino, Tether's CTO, confirmed the transactions on social media, highlighting the collaborative nature of the initiative.

Bitcoin Holds Steady, Eyeing Critical Price Thresholds

Bitcoin's price stability hinges on the $96,700 support level, a key threshold for short-term investors. CryptoQuant data reveals this figure represents the average acquisition cost for BTC holders over the past 155 days. Market sentiment suggests this level serves as both technical foundation and psychological barrier—holding could trigger fresh capital inflows, while a breakdown may precipitate a slide toward $80,000.

On-chain activity currently reinforces network value, with traders closely monitoring spot ETF flows. Historical patterns show rapid recoveries occur when this support holds, but failed tests often lead to extended downturns. The market now waits with bated breath for Bitcoin's next decisive move.

Bitcoin Fee Shock: $2 for $1.5B Transfer – Tether’s Twenty One Capital Revealed

Tether CEO Paolo Ardoino confirmed a 10,500 BTC transfer, valued at over $1.1 billion, as pre-funding for a new institutional Bitcoin fund, Twenty One Capital. The transaction, part of a broader series of large transfers totaling 37,229 BTC in the last 48 hours, underscores institutional confidence in Bitcoin as a base asset.

Twenty One Capital diverges from speculative trading, focusing instead on preserving value in BTC before expanding into equities and debt markets. The fund, backed by Tether, Bitfinex, and SoftBank, mirrors MicroStrategy’s strategy but launches pre-IPO with heavyweight support.

Top Bitcoin & Crypto Casinos for Brazilian Players Reviewed

Brazilian crypto enthusiasts now have a curated selection of top-tier Bitcoin Casinos tailored to their needs. Leading platforms like Shuffle, BC.Game, and Lucky Block dominate the market with features including extensive cryptocurrency support, Portuguese language interfaces, and localized payment methods like PIX.

Shuffle stands out for its anonymity—no KYC requirements and VPN-friendly access—alongside 17 supported cryptocurrencies and rapid sub-24-hour withdrawals. BC.Game impresses with a staggering 150+ accepted digital assets and an $20,000 welcome bonus, while Lucky Block offers a 200% match bonus and unlimited withdrawal ceilings. These platforms exemplify the convergence of iGaming and crypto innovation, prioritizing both accessibility and player incentives.