The US SEC has approved in-kind redemptions for both Bitcoin and Ethereum spot ETFs, a move expected to enhance liquidity and efficiency for institutional investors. Meanwhile, the crypto market is flashing mixed signals today, with the total crypto market cap down by 3.8%. Bitcoin continues to trade sideways, slipping 0.4% over the past 24 hours and hovering just above the $118,000 mark. Ethereum remains solid, climbing 0.7% to hold above $3,800. Spot ETH ETFs have now recorded net inflows for 18 consecutive days, tying the second-longest streak since launch and highlighting sustained institutional appetite.
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