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 - $71953.842 or ETH ETH - $2099.758 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: $71953.842

Volume 24h: $73,001,266,330.29

Market Cap: $1,438,937,396,329.10

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: $2099.758

Volume 24h: $32,835,342,940.92

Market Cap: $253,424,218,171.34

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/.