BlackRock released its revised In-Kind mechanism for its ETF...

BlackRock is getting down to the finer points with the sEC.

After a meeting with the SEC, this was released:

(Source: https://twitter.com/BitcoinMagazine/status/1729966351119212712/photo/1)

This is as opposed to doing cash exchange.

The in-kind exchange is supposedly one of the sticking points with the SEC.

Most filed the other way and the SEC wants it to be in-kind.

Looks like BlackRock is working with them.