US SEC Cryptocurrency Working Group discusses adding staking function to ETP

PANews reported on February 14 that according to the US SEC memorandum document, on February 5, 2025, staff of the Crypto Special Operations Group met with representatives from Jito Labs and Multicoin Capital Management. The topic discussed by both parties is a way to solve problems related to crypto asset supervision. Representatives from Jito Labs and Multicoin Capital Management provided the accompanying documentation, which was discussed during the meeting. The accompanying documentation shows that participants are expected to discuss two main topics in the meeting: (i) the ability to use staking as a function of ETP; and potential models for staking in certain crypto assets ETPs.