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26 Jun 2025

In-kind redemptions to crypto ETFs are on their way

The U.S. Federal Housing Finance Agency studies how cryptocurrency holdings could factor into mortgage qualification, Texas buys BTC, while Kraken and Coinbase secures MiCA licenses. In trending topics we cover in-kind redemptions of crypto ETFs.
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Crypto holdings into mortgage qualifications?
The U.S. Federal Housing Finance Agency (FHFA) announced it is studying how cryptocurrency holdings could factor into mortgage qualification. Director Bill Pulte revealed the initiative in a social media post, stating that the agency will examine the role digital assets might play in assessing mortgage applicants. While specifics remain unclear, such as which cryptocurrencies might be considered or the timeline for implementation, the move reflects growing interest in legitimizing crypto within regulated financial systems. Pulte, appointed by President Trump in March, has long been a crypto proponent, disclosing significant holdings in Bitcoin and Solana.
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