SEC Issues Guidance on Crypto Asset Exchange-Traded Products

• On July 1, 2025, the SEC’s Division of Corporation Finance issued guidance on the application of certain federal securities law disclosure requirements to offerings of crypto asset exchange-traded products.
• The statement summarizes the staff’s observations regarding disclosure practices, including those of crypto asset ETP issuers, and responds to specific questions raised by market participants.
• The statement is part of the SEC’s recent efforts to clarify the application of the federal securities laws to crypto assets.

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