🔐 SEC approves “in-kind” redemptions for Bitcoin and Ethereum ETFs
In the last hour, the SEC has authorized “in-kind” creations and redemptions for spot ETFs of Bitcoin ($BTC) and Ethereum ($ETH), allowing direct exchanges with the underlying assets instead of cash. This improves efficiency, liquidity, and reduces operational costs, bringing these products closer to the standard of traditional ETFs.
📌 Although there were no additional disruptive news in the last period, this measure supports institutional entry and solidifies market infrastructure, especially for ETH, which currently leads in spot ETFs with over $2.4 billion in weekly flows.
For investors in Binance: ideal strategy in spot or futures, observing movements towards key resistance like $4,000 in ETH.
