Lowenstein Crypto advises leading digital asset and cryptocurrency projects, exchanges, and trading firms. Our practice covers regulatory advice, transactions and structuring advice, investigations, and adversarial matters including commercial disputes, bankruptcy, and related litigation. As these markets continue their rapid growth and market participants continue to evolve and mature their businesses, we are providing this weekly digest as a resource that highlights and summarizes a selection of key recent legal regulatory developments.
SEC Seeks Comment on Novel ETFs
On June 30, the Securities and Exchange Commission (SEC) issued a formal Request for Comment on “Novel ETFs,” which are described as exchange-traded funds (ETFs) that seek exposure to innovative asset classes and strategies, including crypto assets, commodity-focused instruments, single-stock strategies, heightened leverage, blockchain-enabled opportunities, private assets, and event contracts. Among other things,