SEC Proposes New Rules for Crypto ETFs with Diversified Exposure

The US Securities and Exchange Commission (SEC) has taken another step towards regulating the crypto market by proposing new rules for exchange-traded funds (ETFs). The proposed rule change, open for public feedback, would require at least 85% of a trust's net asset value to consist of approved assets. This could allow more diversified exposure within a single product.

The SEC's proposal also introduces a new method for calculating derivatives exposure using aggregate gross notional value. This approach differs from traditional market value calculations and may increase transparency in the market.