SEC Greenlights In-Kind Creations: Is This the ETF Revolution We’ve Been Waiting For?
The SEC just dropped a bombshell—approving in-kind creations for ETFs. Could this be the catalyst that finally drags the trillion-dollar fund industry into the 21st century?
Why This Changes Everything
Forget cash-only settlements. Asset managers can now swap baskets of securities directly for ETF shares—cutting costs, slashing tax burdens, and bypassing Wall Street's usual friction. The move effectively turns ETFs into a plug-and-play system for institutional money.
The Cynical Take
Of course, banks will find new ways to skim fees—they always do. But for once, regulators actually made markets *more* efficient instead of less. Miracles happen.
One thing's certain: The ETF arms race just went thermonuclear.
