The SEC is evaluating a proposal that would allow BlackRock’s spot Bitcoin ETF to include in-kind redemptions. This could provide more flexibility in how participants interact with the ETF.

Comments regarding the proposal must be submitted within 21 days after it’s published in the Federal Register, providing a defined timeframe for stakeholder feedback.

Despite changes in the redemption process, it is important to note that individual investors will not have access to in-kind transactions; this opportunity is limited to authorized participants.