Crypto Industry Urges SEC to Avoid Blanket Novel ETF Restrictions
8 Articles
8 Articles
Cointelegraph
Crypto Industry Urges SEC to Avoid Blanket Novel ETF Restrictions
Grayscale, a16z, and the CCI asked the SEC to preserve existing classification rules and avoid treating novel exchange-traded products as a single category, while proposing different routes to clearer and faster reviews.
SEC assesses rules for innovative ETFs under public consultationGrayscale, a16z and KIC request that the SEC evaluate innovative ETFs by individual risk
Leading figures in the crypto sector have asked the U.S. Securities and Exchange Commission (SEC) not to impose a collective restriction on next-generation exchange-traded funds (ETFs). Grayscale, a16z, and the Crypto Innovation Council (CCI) argued that instead of treating the products as a single category, they should be evaluated according to their own risk parameters.
Crypto Industry Urges SEC Against Broad, New ETF Restrictions
Prominent crypto industry players have urged the US Securities and Exchange Commission (SEC) to avoid treating “novel” exchange-traded products (ETFs) as a single, one-size-fits-all regulatory category. Instead, they say the SEC should assess each proposal based on its specific risk profile and product mechanics, with more predictable review timelines and streamlined coordination between fund registration [...]
Grayscale, a16z, and CCI urge SEC to avoid blanket ETF restrictions on digital asset products
Restrictive ETF regulations could stifle innovation and competitiveness in the digital asset market, hindering growth and global leadership. The post Grayscale, a16z, and CCI urge SEC to avoid blanket ETF restrictions on digital asset products appeared first on Crypto Briefing.
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