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BlackRock Engages with SEC Crypto Task Force to Discuss Future of Crypto ETFs

  • BlackRock engaged with the SEC Crypto Task Force to discuss the BlackRock Digital Assets Product Suite and considerations for advancing the tokenization of securities.
  • BlackRock has already launched spot Bitcoin and Ethereum ETFs and anticipates its iShares Bitcoin Trust to become the largest ETF globally in ten years.
  • SEC may revise rules to allow broker-dealers on alternative trading systems to trade non-security cryptocurrencies like Bitcoin and Ether.
  • SEC's focus is on developing a rational regulatory framework for crypto asset markets to provide clarity and establish fit-for-purpose standards.

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