-
SEC approves in-kind redemptions and creations for crypto ETPs
Added at 1:25pm
-
SEC Permits In-Kind Creations and Redemptions for Crypto ETPs
The Securities and Exchange Commission today voted to approve orders to permit in-kind creations and redemptions by authorized participants for crypto asset exchange-traded product (ETP) shares. The orders approved today reflect a departure from recently approved spot bitcoin and ether ETPs, which were limited to creations and redemptions on an in-cash basis. With today’s approval orders, bitcoin and ether ETPs, consistent with other commodity-based ETPs approved by the Commission, will be permitted to create and redeem shares on an in-kind basis. “It’s a new day at the SEC, and a key priority of my ... (full story)
- Comments / Top
- Subscribe
-
Related Stories
From thestreet.com | Jul 29, 2025
The U.S. Securities and Exchange Commission (SEC) has officially approved in-kind creation and redemption processes for all spot Bitcoin and Ethereum exchange-traded funds (ETFs). The move, announced on July 29, allows authorized participants — typically large financial institutions — to directly exchange ETF shares for BTC or ETH, rather than having to ...
From financefeeds.com | Jul 29, 2025
The Indian government has formally confirmed that no changes will be made to its existing crypto taxation regime, disappointing industry stakeholders who had lobbied for relief in the Union Budget 2025. The current framework—imposing a 30% tax on virtual digital asset (VDA) gains and a 1% tax deducted at source (TDS) on all transactions—remains intact, with ...
Sal Gilbertie, Teucrium Trading president, joins CNBC’s Dom Chu on ‘ETF Edge’ to discuss the strategy and growth behind the firm’s Teucrium 2x Long Daily XRP ETF. They also look to the road ahead for crypto in funds after the signing of the GENIUS Act.
High Impact
Breaking