Bitwise has updated its Dogecoin and Aptos spot ETF proposals to include in-kind redemptions, according to filings submitted on Thursday.
This move aligns with growing regulatory discussions around crypto ETF structures, especially after the SEC recently sought public comment on in-kind models for Bitcoin and Ether ETFs.
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In-kind redemptions allow investors to exchange ETF shares for the underlying tokens, a tax-efficient approach that benefits both institutions and retail traders.
Bitwise initially filed for the DOGE and APT ETFs earlier this year, with modifications reflecting standard SEC review adjustments.