#EthereumTurns10 🚨
BREAKING: SEC Greenlights In-Kind Redemptions for Bitcoin & Ethereum ETFs!
This is massive for crypto. The SEC just approved a new rule that allows $BTC and $ETH Ethereum ETFs to accept real BTC and ETH in exchange for ETF shares — a game-changing shift known as in-kind redemptions.
🔸 No more cash-only ETF settlements
🔸 Big players can now swap actual BTC/ETH for ETF shares (and vice versa)
🔸 Makes ETFs way more efficient — better pricing, fewer tax headaches
🔸 Crypto ETFs now start acting like the real crypto market
✅ Why this matters: This update could pull in serious capital from institutional investors. It’s a major move toward maturity for crypto finance.
The door to Wall Street just opened even wider. Welcome to the big leagues. 🚀