🏛️ SEC Regulatory Shifts — In-Kind Mechanism Approved.

- The U.S. SEC now allows in‑kind creations and redemptions for spot Bitcoin and Ethereum ETFs, replacing the previous cash-only mechanism.

- This aligns crypto ETFs with traditional commodity ETF mechanics, improving market efficiency, liquidity, tighter spreads, and potentially lowering costs for investors.

- Cboe BZX and NYSE Arca have filed rule change proposals to fast‑track listings of new crypto ETFs using standardized criteria, potentially bypassing individual SEC approvals.

💸 Ethereum Spot ETF Inflows Surge

- Spot Ethereum ETFs saw a record-breaking $5.41 billion net inflow in July alone, exceeding the prior cumulative total since launch.

- Assets under management are estimated at ~$9.62 billion, with BlackRock iShares ETH ETF dominating inflows.

- Some issuers are seeking SEC approval to enable staking of ETH held within ETFs—a change that could transform ETH into a yield-bearing asset for fund holders.