SEC’s In-Kind ETF Move: A Game-Changer (Or Just a Fancy Cashier’s Receipt?) 🚀

Bloomberg Intelligence’s Eric Balchunas, with the subtlety of a foghorn, amplified the news on X: “It’s a new day at the SEC…” His post, a masterclass in understatement, highlighted the SEC’s sudden pivot allowing authorized participants (APs) to deliver or receive bitcoin or ether directly. No more routing cash through issuers like a Victorian postman dodging puddles. One might almost call it progress—assuming one still believes in such quaint notions.



