Bitwise Paves Way for Efficiency in Bitcoin ETFs with First In-Kind Exchange

A groundbreaking development has emerged in the world of cryptocurrency investments, signaling a new era for institutional participation. Bitwise, a leading crypto asset manager, has successfully implemented an in-kind exchange for its spot Bitcoin ETF shares, marking a significant shift in how these investment vehicles operate. This landmark achievement was announced by Bitwise President Teddy Fusaro on X, and represents a major step toward greater efficiency and engagement within the crypto market.