
SEC Approves In-Kind Redemptions for All Spot Bitcoin and Ethereum ETFs
The U.S. Securities and Exchange Commission (SEC) has approved in-kind redemptions for all spot Bitcoin and Ethereum ETFs. This allows authorized participants to create and redeem ETF shares directly using BTC or ETH, rather than relying solely on cash. The move is widely seen as a major step toward improved liquidity and operational efficiency in crypto-backed investment products.
This development marks a significant regulatory shift that could encourage broader institutional adoption of digital asset ETFs and deepen market maturity.