SEC Commissioner Hester Peirce Signals Potential Shift Towards In-Kind Redemption for Bitcoin ETFs

Hester Peirce, a prominent SEC commissioner known as ‘Crypto Mom,’ has hinted at potential changes to Bitcoin ETF redemption policies, opening the door for in-kind redemptions that could allow investors to directly exchange shares for Bitcoin. This shift, discussed during an interview with Coinage Media, is generating excitement amongst institutions, particularly Blackrock, who see this move as a key element of their long-term strategy.