Crypto Industry Urges SEC to Avoid Blanket Novel ETF Restrictions

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.

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.