Representatives from Coinbase, Andreessen Horowitz, and Fidelity, all members of the Crypto Council for Innovation, recently met with the SEC's new crypto task force to discuss overhauling the agency's policies on ETFs. They requested that the SEC expand its current regulations to allow a broader range of crypto assets traded on platforms like Coinbase to be eligible for ETF approval. This could potentially lead to the introduction of a variety of crypto ETFs on Wall Street. The companies also requested that ETF issuers be allowed to directly purchase and sell crypto and participate in staking digital assets. Additionally, they asked the SEC to clarify rules for listing crypto ETFs, declare stablecoins and NFTs as not securities, and exclude crypto offerings like airdrops from the agency's oversight.



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