This marks the first time in history that digital assets can be directly exchanged within the traditional financial system without cash conversion. The SEC's formal integration of bitcoin into mainstream financial infrastructure creates an unprecedented merger of digital and conventional asset systems. This enables seamless institutional control over cryptocurrency transactions in ways previously impossible.
SEC Bitcoin ETF In-Kind Trading: Digital Asset Control Milestone
📰 What Happened
The SEC approved in-kind creations and redemptions for Bitcoin and crypto ETPs on July 29, 2025, abandoning the previous cash-only requirement. This allows authorized participants to directly exchange bitcoin/ether for ETF shares rather than using cash intermediaries. SEC Chair Paul S. Atkins called it 'a new day at the SEC,' noting the change will make products more cost-efficient. The move aligns cryptocurrency ETPs with traditional commodity ETF mechanics.
📖 Prophetic Significance
The SEC's authorization of in-kind crypto trading represents a crucial advancement toward the prophesied global economic control system. By allowing direct bitcoin-for-shares exchanges, this creates a new financial architecture combining digital currencies with traditional markets. The statement 'It's a new day at the SEC' signals regulatory authorities embracing rather than resisting crypto integration. This development uniquely fulfills prophecies about economic centralization by creating official channels for digital asset control while maintaining institutional oversight - a key prerequisite for the coming cashless system.