US SEC Commissioner Hester Peirce Says Physical Redemptions for Crypto ETFs May Soon Be a Reality.

Hester Peirce said in a panel at the Bitcoin Policy Institute that in-kind creation and redemption of crypto ETFs “may soon be coming.” She noted, "Applications are moving through the process... so I do think it's definitely in the cards at some point. I can't predict precisely, but we've heard much interest."