In a recent update, the U.S. Securities and Exchange Commission (SEC) recently met with Jito Labs and Multicoin Capital to explore an exciting possibility – adding staking to exchange-traded products (ETPs). This meeting is part of the SEC’s ongoing push to shape a clear and structured regulatory framework for cryptocurrency investments.
On February 14, the U.S. SEC’s Crypto Task Force released a memorandum revealing the meeting. The discussion, held on February 5, focused on integrating staking into crypto-based ETPs. Attendees included Jito Labs CEO Lucas Bruder, CLO Rebecca Rettig, and Multicoin Capital Managing Partner Kyle Samani, along with General Counsel Greg Xethalis.
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