The Crypto Council for Innovation (CCI) submitted a position paper to the U.S. Securities and Exchange Commission (SEC) on August 31, addressing the regulatory approach for 'new type ETFs' that incorporate cryptocurrency, blockchain-related investment opportunities, and event contracts. The paper advocates for regulatory efficiencies for Exchange-Traded Products (ETPs) that are not registered as ETFs to be equivalent to those for ETFs.
The position paper makes three recommendations. The first point is that ETPs...