đïž SEC Commissioner: In-Kind Redemptions for Crypto ETFs âOn the Horizonâ đïž
SEC Commissioner Hester Peirce has confirmed that in-kind redemptions for crypto ETFs â a key industry demand â are âcertainly on the horizon,â following growing pressure from firms like BlackRock.
đž While no exact timeline was given, Peirce noted that relevant filings are currently under review.
đž In-kind redemptions would allow ETFs to swap crypto directly rather than liquidating into fiat, improving efficiency, tax treatment, and market impact.
đ Why it matters:
â
Paves the way for more institution-friendly ETF structures
â
Could boost liquidity and adoption of crypto spot ETFs
â
Signals growing regulatory comfort with integrating crypto into traditional finance infrastructure
#CryptoETFs #InKindRedemption #SEC #HesterPeirce #BlackRock #BitcoinETF #CryptoRegulation #BinanceSquare