SEC Commissioner Hester Peirce has announced upcoming changes to the SEC ETF, including in-kind redemptions and the ability for ETF issuers to begin staking. This move could allow bitcoin to be withdrawn from ETFs and held in personal custody, aligning with the original purpose of bitcoin as a tool for financial freedom. This change could also position spot bitcoin ETFs as major entry points for bitcoin adoption, rather than just speculative assets. The article emphasizes the idea that bitcoin is meant to exist outside of traditional financial systems, and in-kind redemptions would allow it to return to its natural environment. Please note that this summary contains opinions from the author and does not reflect the views of BTC Inc or Bitcoin Magazine.



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