Cboe BZX has filed a rule change that permits in-kind transactions for Invesco’s ETFs, which allows for trading direct assets like Bitcoin (BTC) and Ethereum (ETH) without cash involvement, thus enhancing trading speed and reducing costs.

This proposal indicates a shift in the ETF landscape, with major players like BlackRock pursuing similar in-kind mechanisms. Stakeholders are invited to comment before the SEC makes a decision, as current trends suggest a bearish sentiment in the crypto market.