Cryptocurrency ETFs: SEC Wants to Facilitate Tokenized Products

Cryptocurrency ETFs: SEC Wants to Facilitate Tokenized Products

The U.S. Securities and Exchange Commission (SEC) wants to facilitate tokenized exchange-traded funds (ETFs), according to chairman Jay Clayton. The agency is collaborating with other U.S. regulators to determine how to regulate different crypto products. SEC Open to Tokenization of ETFs SEC Chairman Jay Clayton talked about the commission’s approach to regulating crypto products during a panel discussion hosted by the Chamber of Digital Commerce earlier this month. The event, entitled “Two Sides of the American Coin: Innovation & Regulation of Digital Assets,” also....

Related News

CME Exec: Bitcoin ETFs Signal Digital Asset Market Maturity

CME Group's executive director and digitization lead has called the increasing number of planned bitcoin exchange-traded funds (ETFs) a sign that the market for blockchain-based digital assets is maturing. At the Tech Talk 5.0 conference in London this week, CME's Sandra Ro spoke broadly about the progress being made by the derivatives marketplace provider in exploring the blockchain industry, reviewing the company's new bitcoin benchmark and speaking in-depth how the group looks at the future of blockchain more broadly. In response to audience questions, Ro notably said she believes the....

SEC Is Willing to ‘Try’ a Tokenized ETF, Chairman Says: Report

SEC Chairman Jay Clayton expressed an openness to a tokenized exchange-traded fund.

Tokenized Staked ETH Will Replace ETH (And That’s a Good Thing)

Ethereum's shift to proof-of-stake will take conventional ETH out of circulation, replaced by a tokenized version of itself, says the CEO of Staked.

Bitcoin ETFs May Not Be The Best Investment Vehicles

These tax-efficient investment vehicles are an efficient way to make investors feel “smart”. To be more precise, these investment vehicles often cut out the middle man, or in this case, the financial professional. Over the past year or so, there has been an increased focus on Bitcoin ETFs. The primary purpose of these trading instruments is to make cryptocurrency more accessible for traders. So far, these offerings have seen some moderate success. But are ETFs the next wave of disruption to hit financial markets around the globe? To put things into perspective, the traditional ETF market....

Boringdao Raises $1.4M: Project’s Tokenized BTC Bridge Backed by 200% Collateral

There’s a new tokenized bitcoin project coming to the decentralized finance (defi) ecosystem that’s recently received $1.4 million from blockchain investors. The project called Boringdao, a decentralized bridge between Ethereum and alternative blockchains, plans to launch the company’s bBTC tunnel this month in order to introduce another tokenized bitcoin. On October 8, 2020, the Boringdao project announced the company has raised $1.45 million from a number of investors. Boringdao’s website says the project is a bridge between various blockchains and Ethereum.....