SEC approves in-kind redemptions for spot ETH ETFs
The SEC has greenlit in-kind redemptions for Ethereum ETFs — allowing direct exchange of ETF shares for ETH, without involving fiat.
This opens the door for more efficient, crypto-native fund flows and tighter spreads.
Another step toward mainstream ETH exposure.
$ETH $BNB $BTC #BTCBreaksATH110K #MerlinTradingCompetition #EthereumSecurityInitiative