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This Week In Crypto
31 Jul 2025

A Golden Age for Digital Assets

Big regulatory week for the crypto market in the U.S. The working group has finalized and published their report , prompting SEC to debut project Crypto. In-kind spot BTC and ETH ETF approved, CBOE and NYSA seeks generic listing standards for crypto ETFs.
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In-kind creations and redemptions approved
The SEC has approved in-kind creation and redemption processes for crypto ETFs, a move seen as a major step toward normalizing crypto products within traditional financial markets. This decision applies to several major ETF issuers, including BlackRock, Fidelity, Ark21, and VanEck, and allows authorized participants like large market makers to exchange ETF shares directly for the underlying crypto assets (like Bitcoin and Ethereum), rather than using cash. The SEC also approved new ETF proposals that hold both spot BTC and ETH, and options on some spot BTC ETFs.SEC Chair Paul Atkins called the decision part of a broader effort to create a crypto-specific regulatory framework, noting it would lower costs and improve efficiency for investors. ETF issuers had been pushing for in-kind processes for over a year, arguing that it better reflects how traditional commodity ETFs operate. Analysts believe this will become the standard, not just for BTC and ETH ETFs, but also for upcoming ETFs tied to other altcoins.
SEC debuts Project Crypto
The SEC has launched Project Crypto, a new in
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