SEC Approves In-Kind Redemptions for All Spot Bitcoin and Ethereum ETFs

The U.S. Securities and Exchange Commission (SEC) has approved the use of in-kind creation and redemption processes for all spot bitcoin BTC BTC - $72660.121 and ethereum ETH ETH - $2129.491 exchange-traded funds (ETFs), marking a significant shift in the regulator's approach to digital assets under its new leadership.

Source: coindesk.com

Related symbols: BTCUSD

2025-07-29 21:12:03 GMT.

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Price & Market Data

Price: $72660.121

Volume 24h: $74,611,835,266.92

Market Cap: $1,453,060,007,556.40

Description

Bitcoin (BTC) is a cryptocurrency launched in 2010. Users are able to generate BTC through the process of mining. Bitcoin has a current supply of 19,997,625. The last known price of Bitcoin is 71,830.48850404 USD and is up 8.10 over the last 24 hours. It is currently trading on 12570 active market(s) with $58,110,939,500.68 traded over the last 24 hours. More information can be found at https://bitcoin.org/.

Price & Market Data

Price: $2129.491

Volume 24h: $33,564,154,920.82

Market Cap: $257,012,778,915.12

Description

Ethereum (ETH) is a cryptocurrency . Ethereum has a current supply of 120,692,150.4200828. The last known price of Ethereum is 2,072.88374334 USD and is up 6.23 over the last 24 hours. It is currently trading on 11608 active market(s) with $26,574,871,080.10 traded over the last 24 hours. More information can be found at https://www.ethereum.org/.