The US SEC’s approval of in-kind redemptions for Bitcoin and Ethereum spot ETFs is set to enhance liquidity and operational efficiency for institutional investors. Despite this regulatory progress, the overall crypto market cap has dropped by 3.8%. Bitcoin's price remains largely stable, slightly declining by 0.4% to just above $118,000, while Ethereum has gained 0.7%, maintaining a level above $3,800. Ethereum spot ETFs continue to attract significant institutional interest, marking 18 consecutive days of net inflows—the second-longest streak since these ETFs launched. These developments underscore a pivotal moment in crypto ETF products and their potential impact on market dynamics.
Continue to read SEC Greenlights In-Kind Redemptions for Bitcoin and Ethereum ETFs Amid Strong ETH ETF Inflows
The US SEC’s approval of in-kind redemptions for Bitcoin and Ethereum spot ETFs is set to enhance liquidity and operational efficiency for institutional investors. Despite this regulatory progress, the overall crypto market cap has dropped by 3.8%. Bitcoin's price remains largely stable, slightly declining by 0.4% to just above $118,000, while Ethereum has gained 0.7%, maintaining a level above $3,800. Ethereum spot ETFs continue to attract significant institutional interest, marking 18 consecutive days of net inflows—the second-longest streak since these ETFs launched. These developments underscore a pivotal moment in crypto ETF products and their potential impact on market dynamics.
Continue to read SEC Greenlights In-Kind Redemptions for Bitcoin and Ethereum ETFs Amid Strong ETH ETF Inflows
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