-
SEC approves in-kind redemptions and creations for crypto ETPs
The SEC voted to approve in-kind creations and redemptions for crypto ETPs https://t.co/pxrdRGEhS3
— U.S. Securities and Exchange Commission (@SECGov) July 29, 2025
Added at 3:25pm
-
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)