BlackRock Meets With SEC Officials To Discuss Tokenization, Staking, ETP Rules
The post BlackRock Meets With SEC Officials To Discuss Tokenization, Staking, ETP Rules appeared on BitcoinEthereumNews.com.
Representatives from BlackRock, the world’s largest asset manager, met with officials from the United States Securities and Exchange Commission (SEC) to seek regulatory guidance and clarity on staking, tokenization, and approval frameworks for exchange-traded products (ETPs). This is the second meeting between BlackRock and SEC representatives. The first occurred on April 1, when staking and ETP rules were discussed. BlackRock Meets With SEC Officials According to a memo, the meeting focused on staking, tokenization, and crypto ETF standards, which are crucial topics during the ongoing evaluation of the cryptocurrency market. The talks could have a major impact on the digital asset sector. The world’s largest asset manager, which recently reported $32 million in Q1 revenue from its iShares Bitcoin Trust, is now expanding its presence in the crypto ecosystem. The asset manager disclosed in its Q1 2025 13F filing that it held $5.4 billion in Bitcoin-related equities, with most of its exposure tied to investments in Michael Saylor’s Strategy. According to the meeting memo, BlackRock reviewed its digital asset offerings, including the iShares Bitcoin Trust (IBIT), the proposed iShares Ethereum Trust (ETHA), and the BlackRock USD Institutional Digital Liquidity Fund (BUIDL). “The topic discussed was approaches to addressing issues related to regulation of crypto assets.” Details Of The Meeting BlackRock used the meeting with SEC officials to solicit input about how current and future crypto products could be regulated under federal securities law as the digital asset market matures. The meeting involved senior representatives from regulatory affairs, legal, digital assets, and ETF markets. BlackRock had also engaged with the SEC on April 1 on crypto policy matters, where it discussed technical elements of in-kind redemptions for crypto ETPs. It also shared a detailed document on existing workflows under the current cash model. It also discussed how those systems could be…
Filed under: News - @ May 10, 2025 1:16 pm