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Crypto groups ask SEC for tailored rules on novel ETFs

Grayscale, a16z and the CCI are asking the SEC to preserve existing classification rules for novel ETFs and avoid treating all new exchange-traded products as one category, while suggesting routes to faster, clearer reviews.

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Crypto groups ask SEC for tailored rules on novel ETFs
Grayscale, a16z and the Crypto Council for Innovation (CCI) are urging the US Securities and Exchange Commission to avoid imposing blanket restrictions on novel exchange-traded products. In comments reported by Cointelegraph, the groups argued that existing classification rules should remain in place rather than placing all new ETF structures into a single regulatory category. The organizations also outlined different possible paths toward clearer and faster SEC reviews, indicating that product-specific treatment would be preferable to a uniform approach. Their positions come as the crypto industry seeks greater regulatory clarity for exchange-traded offerings. The proposals focus on how the SEC should assess innovative products, without calling for one universal framework for every novel ETF. The discussion is relevant to crypto markets because regulatory treatment of exchange-traded products can influence how new digital-asset investment vehicles are reviewed and brought to market.
Source Cointelegraph This is an original Moneyiar brief based on the cited source.
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