The US SEC solicits regulatory opinions on 'new ETFs,' focusing on crypto and on-chain innovation products.

Odaily reported that the U.S. Securities and Exchange Commission (SEC) is publicly soliciting opinions on "novel exchange-traded funds (novel ETFs)" to evaluate their regulatory framework and market rule design. The SEC stated in its document that it continues to monitor the market's interest in various innovative products, including funds related to crypto assets, investment opportunities based on blockchain technology, and new types of financial derivatives such as "event contracts."

This request for comment is seen as a further early-stage exploration by the SEC regarding the boundaries of ETF regulation, especially as demand continues to grow for crypto ETFs, on-chain asset exposure products, and structured derivatives. Regulators are seeking a new balance between innovation and risk control. (The Block)