BREAKING: SEC Greenlights In-Kind Redemptions for All Spot Bitcoin & Ethereum ETFs – Crypto Just Got a $10T Liquidity Boost

The SEC just handed Wall Street and crypto natives the keys to the kingdom—approving in-kind redemptions for all spot Bitcoin and Ethereum ETFs. No more cash-creation bottlenecks. No more arbitrage headaches. Just pure, unfiltered exposure to the two biggest crypto assets.

Why This Changes Everything

In-kind redemptions mean authorized participants can now create and redeem shares using actual BTC/ETH—not just cash. That’s a seismic shift for liquidity, tax efficiency, and institutional adoption. Suddenly, the $10T wealth management industry has a clean on-ramp.

The Fine Print (Because of Course There Is)

Don’t expect your local Merrill Lynch advisor to start pushing crypto allocations tomorrow. The usual suspects—BlackRock, Fidelity, Grayscale—will dominate early flows. And let’s be real: the SEC only approved this because they ran out of excuses to block it.

One cynical footnote: Wall Street spent years fighting crypto… until they figured out how to monetize the plumbing. Now watch the same banks that called Bitcoin ‘rat poison’ launch ‘blockchain innovation desks’ by Q4.