SEC Approves In-Kind Redemptions for Spot Bitcoin, Ethereum ETFs

The U.S. Securities and Exchange Commission approved in-kind creations and redemptions for spot Bitcoin and Ethereum ETFs on July 29. This move allows institutional players to exchange ETF shares directly for BTC BTC - $123143.825 or ETH ETH - $4752.528 eliminating the prior cash-only restriction.

Source: coincu.com

Related symbols: BTCUSD

2025-07-29 21:40:03 GMT.

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Price & Market Data

Price: $123143.825

Volume 24h: $91,061,896,164.07

Market Cap: $2,451,293,588,465.60

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 19,905,940. The last known price of Bitcoin is 123,577.05105255 USD and is up 3.12 over the last 24 hours. It is currently trading on 12283 active market(s) with $89,703,755,115.55 traded over the last 24 hours. More information can be found at https://bitcoin.org/.

Price & Market Data

Price: $4752.528

Volume 24h: $62,929,130,955.65

Market Cap: $573,670,905,829.94

Description

Ethereum (ETH) is a cryptocurrency . Ethereum has a current supply of 120,708,589.99439151. The last known price of Ethereum is 4,776.92872246 USD and is up 4.37 over the last 24 hours. It is currently trading on 10438 active market(s) with $59,714,474,616.86 traded over the last 24 hours. More information can be found at https://www.ethereum.org/.