#Bitwise Adds In-Kind Redemptions to $DOGE and $APT #ETF Applications


Bitwise has amended $DOGE and $APT exchange-traded fund filings to include in-kind redemption mechanisms for improved tax efficiency.


In-kind redemptions allow investors to exchange ETF shares directly for underlying tokens rather than cash settlements.


SEC Commissioner Hester Pierce confirmed that in-kind redemptions for crypto ETFs are approaching regulatory approval.


$DOGE maintains a $24.1 billion market capitalization as the leading meme coin, while $APT ranks 32nd at a $2.85 billion valuation.


Over 70 cryptocurrency ETFs await #SEC review, with assets ranging from governance tokens to #memecoins and derivatives.


Aptos Labs expects ETF approval would inject significant capital and provide regulatory validation for institutional adoption.


There have been 31 altcoin ETF applications filed in the first half of 2025 following the #Trump administration's favorable crypto regulatory approach.

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June 26, 2025 at 11:41 PM
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