In-Kind Unlock: How In-Kind Transfers to Bitcoin ETFs Can Help Advisors Attract Held-Away Assets
San Francisco • May 5, 2026The SEC’s approval of in-kind creations and redemptions for crypto ETFs could be a major business unlock for advisors. Clients holding crypto assets with embedded capital gains can potentially bring those assets to their advisors’ practice through a tax-free, in-kind transfer to a crypto ETF.
In this session, Bitwise President Teddy Fusaro and CIO Matt Hougan covered the essentials of this opportunity:
How it works and why the ETF structure matters
The potential impact—financially and operationally—for advisors and their clients
How Bitwise can help
Practical next steps for advisors
Bitwise Asset Management is a global asset manager specializing in crypto and onchain finance with a nine-year track record and more than $14 billion in client assets. The firm’s suite of over 70 investment products—spanning ETFs, option income strategies, model portfolios, DeFi vaults, tokenized funds, and staking—helps investors access opportunities across the financial frontier. Bitwise serves more than 5,500 private wealth teams, RIAs, family offices, and institutional investors, as well as 21 banks and broker-dealers. The company is headquartered in San Francisco, with offices in New York and London.
