BlackRock meets with US SEC Crypto Task Force to discuss staking and options for encrypted ETFs

PANews May 10th news, according to The block, BlackRock's representatives met with members of the US SEC crypto working group on the topic of solutions to issues related to crypto asset regulation, discussing the pledge and options issues of cryptocurrency exchange-traded funds. According to the document, the meeting discussed “considerations for promoting staking-friendly ETP” and discussed parameters for determining encrypted ETF option positions and exercise limits, including liquidity thresholds. In addition, BlackRock also discussed specific standards for approving crypto ETFs.