BlackRock engaged in a crucial meeting with the SEC’s Crypto Task Force to discuss critical regulatory aspects of crypto staking, tokenization, and the future of ETFs. The firm sought to clarify its offerings and address regulatory concerns surrounding these areas. BlackRock shared details about its existing digital asset products, including iShares Bitcoin Trust (IBIT), iShares Ethereum Trust (ETHA), and BUIDL, a tokenization product, highlighting how they align with existing regulations. The conversation focused on exploring possibilities for staking features in crypto ETFs and addressing the evolving landscape of ETF structures. The SEC discussed potential frameworks or exemptions related to tokenization using blockchain technology, prompting discussions about whether a clear regulatory path should be provided or if certain exemptions might apply. The SEC’s focus on defining clearer rules for tokenized investment products while fostering innovation is also important. This meeting marks the 99th interaction between the SEC and the crypto industry since February, indicating a continued increase in engagement by the Commission under Acting Chairman Mark Uyeda and current chair Atkins.