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Bitwise Urges SEC to Shield Funds That Rely on Token Status Filings

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Bitwise Urges SEC to Shield Funds That Rely on Token Status Filings

Here is what the page “Bitwise Urges SEC to Shield Funds That Rely on Token Status Filings” contains. Bitwise Asset Management has filed a supplemental comment with the U.S. Securities and Exchange Commission, asking the regulator to provide clearer protection for investment funds that depend on token-status filings. The October 21 letter builds on the firm’s earlier proposal, emphasizing that this is an industry request rather than a binding rule.

The move highlights ongoing uncertainty in the digital asset space, where funds must navigate evolving SEC guidance on whether certain tokens are securities. By seeking explicit safeguards, Bitwise aims to reduce legal risk for funds that have made good-faith efforts to comply with existing frameworks. The request matters because clearer SEC guidance could encourage more institutional participation in crypto markets, while continued ambiguity may deter investment and innovation. This listing links straight to the original page, where the content is available in full.

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