U.S. SEC to Review Regulations on Emerging ETFs, Including Cryptocurrency and Prediction Market ETFs

On the 30th, the U.S. Securities and Exchange Commission (SEC) began soliciting public comments on the regulatory framework for ETFs (Exchange Traded Funds) linked to cryptocurrencies and prediction markets, among other 'emerging ETFs'. According to an official SEC release, the deadline for submitting comments is 60 days after publication in the Federal Register. The SEC's solicitation this time focuses on whether emerging ETFs qualify as 'investment companies' under the U.S. Investment Company Act, and the current rules for ETF registration...