BlackRock Meets with SEC to Shape Future of Crypto ETFs

BlackRock, the world’s largest asset manager, is deepening its exploration of cryptocurrencies by engaging in a new round of talks with the U.S. Securities and Exchange Commission’s (SEC) Crypto Task Force. The discussions focused on two crucial areas within digital finance: integrating staking features into exchange-traded products (ETPs) and tokenizing traditional securities. BlackRock aims to utilize these mechanisms to enhance the utility and yield of Ethereum ETFs.