<ul><li>SEC Commissioner Hester Peirce is open to reconsidering in-kind redemptions for spot bitcoin ETFs.</li><li>In-kind redemptions would allow bitcoin to be withdrawn into one's own custody, turning it into the real thing.</li><li>This move aligns with the original intention of bitcoin, which was designed to exist outside the traditional financial system.</li><li>Approval of in-kind redemptions would enable spot bitcoin ETFs to serve as significant on-ramps to bitcoin adoption instead of just being speculative investments.</li></ul>

We Need In-Kind Redemptions For The Spot Bitcoin ETFs

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