CryptoCointelegraphabout 2 hours ago
Crypto firms urge SEC to avoid blanket ETF restrictions
1 min read
Grayscale, a16z, and the Crypto Council for Innovation urged the SEC to evaluate novel ETFs by individual risk, not as one category. They opposed classification changes sweeping non-securities into the Investment Company Act. Letters dated Aug. 31 followed a 60-day comment period on next-generation ETF rules.
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