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 - $108632.364 or ETH ETH - $4443.561 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: $108632.364

Volume 24h: $45,009,150,211.06

Market Cap: $2,163,314,668,656.39

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 19,914,090. The last known price of Bitcoin is 108,755.06419947 USD and is up 0.36 over the last 24 hours. It is currently trading on 12326 active market(s) with $45,736,292,363.55 traded over the last 24 hours. More information can be found at https://bitcoin.org/.

Price & Market Data

Price: $4443.561

Volume 24h: $23,045,994,613.54

Market Cap: $536,367,044,178.84

Description

Ethereum (ETH) is a cryptocurrency . Ethereum has a current supply of 120,706,584.06165758. The last known price of Ethereum is 4,452.38050589 USD and is up 1.38 over the last 24 hours. It is currently trading on 10497 active market(s) with $24,600,787,788.58 traded over the last 24 hours. More information can be found at https://www.ethereum.org/.