SEC Nears Green Light for In-Kind Bitcoin & Ethereum ETF Redemptions—Here’s Why It Matters
The crypto ETF space just got a jolt of adrenaline. Analysts now predict the SEC will approve in-kind redemptions for Bitcoin and Ethereum ETFs—a move that could reshape institutional crypto adoption.
Why this changes everything:
In-kind redemptions let institutions swap ETF shares directly for underlying crypto instead of cash. Fewer taxable events, tighter spreads, and—let’s be honest—another excuse for Wall Street to pretend they ‘get’ decentralization.
The fine print? Approval isn’t guaranteed. But with BlackRock and Fidelity already polishing their crypto vaults, the SEC’s resistance looks increasingly performative. Buckle up—the real liquidity tsunami starts when these funds go live.