BREAKING: SEC Greenlights Bitcoin & Ether Fund Revolution—Dumps Cash-Only Shackles
The U.S. SEC just ripped up its own rulebook—crypto ETFs won’t be trapped in cash-only purgatory anymore. Here’s why Wall Street’s sweating.
The Backroom Flip That Changes Everything
No more forcing funds to hold fiat reserves for redemptions. The gates are open for in-kind creations—think actual Bitcoin, not IOUs. TradFi’s about to get a crash course in blockchain efficiency.
Why Hedge Funds Are Suddenly Crypto-Curious
Lower operational costs. Tighter spreads. And let’s be real—a chance to slap ‘innovative’ in pitch decks while quietly offloading risk to retail. The usual finance playbook.
The Cynic’s Corner
Watch banks pivot from ‘crypto is trash’ to ‘our bespoke digital asset solutions’ faster than a Bitcoin flash crash. Some things never change—like opportunism in pinstripes.