Crypto Industry Warns SEC Against One-Size-Fits-All ETF Regulations

The crypto industry is urging the U.S. Securities and Exchange Commission (SEC) not to group new exchange-traded products into a single category.

A coalition of companies, including Grayscale, a16z, and the Crypto Council for Innovation, have submitted proposals to the SEC advocating for individual evaluations based on specific risks and structures.

The industry is pushing back against automatic application of investment company rules to products with non-security assets.