CoinShares Meets SEC to Address Crypto ETP Regulatory Hurdles

CoinShares, a prominent player in the crypto ETP market, met with the U.S. Securities and Exchange Commission’s (SEC) Crypto Task Force to discuss regulatory challenges for their offerings. The meeting focused on integrating staking mechanisms into digital asset Exchange-Traded Products (ETPs) and reviewing existing regulations related to custody practices. These discussions could have a significant impact on the future of crypto investments in the U.S., reshaping investment options and compliance standards.