

SEC Approves In-Kind Creation and Redemption for Spot BTC and ETH ETFs | COINDESK DAILY
Jul 30, 2025
In this compelling discussion, the SEC's groundbreaking approval of in-kind creation and redemption for Bitcoin and Ethereum ETFs takes center stage, signaling a shift in regulatory attitudes. The podcast also celebrates Ethereum's 10th anniversary while addressing recent market challenges for altcoins. Additionally, it introduces Midnight, a privacy-enhancing blockchain that empowers users to manage their own data disclosure, blending utility with privacy. Tune in for insights on this evolving crypto landscape!
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SEC's Crypto-Friendly ETF Move
- The SEC has approved in-kind creation and redemption for all spot Bitcoin and Ethereum ETFs, enhancing institutional efficiency.
- This allows large investors to swap ETF shares directly for actual crypto, avoiding cash intermediaries and improving safety and supply matching.
New SEC Leadership Embraces Crypto
- Paul Atkins, SEC chair, aims to develop a regulatory framework fit for crypto markets.
- This policy marks the first crypto-friendly move under his leadership, signaling a shift at the SEC.
Embrace Programmable Privacy
- Use privacy-enhancing blockchains like Midnight to control what data dApps reveal.
- Choose selective disclosure to balance utility and privacy without exposing sensitive info on-chain.