Breaking: SEC Greenlights In-Kind Redemptions for Bitcoin & Ethereum ETFs – A Game Changer for Crypto Investors

The SEC just handed crypto bulls a loaded gun—in-kind redemptions for Bitcoin and Ethereum ETFs are now official. No more cash settlement bottlenecks. No more taxable events on every rebalance. Just pure, unfiltered crypto exposure.

Wall Street’s finally playing by crypto’s rules.

Here’s why this matters: In-kind redemptions mean institutions can swap ETF shares directly for actual BTC/ETH—bypassing the fiat middleman that’s been skimming profits via spreads and arbitrage. Liquidity pools just got deeper, and the ‘paper crypto’ skeptics just lost their favorite talking point.

Of course, the usual suspects will whine about ‘regulatory overreach’—ironic, given how many hedge funds lobbied for this exact structure to avoid capital gains haircuts. The SEC’s stamp of approval might taste like hypocrisy, but the market’s too busy printing new ATHs to care.

One cynical footnote: Watch how fast the same banks that called crypto a ‘Ponzi scheme’ launch their own ETF products now. The revolution will be institutionalized—at 2% management fees.