đ SEC Drops Crypto ETF Bombshell: New Disclosure Rules Every Issuer Must Know (July 2, 2025)
The SEC just rewrote the rulebook for crypto ETFsâand Wall Streetâs already scrambling to comply.
Transparency or roadblock? The new guidance forces issuers to disclose everything from custody arrangements to liquidity strategies. No more hiding behind âtrust me broâ prospectuses.
Whatâs under the microscope: Cold storage proof, validator decentralization stats, andâhereâs the kickerâârisk of regulatory whiplashâ disclosures. Because nothing says âstable investmentâ like a footnote about potential government U-turns.
Market makers are quietly fuming while compliance teams burn midnight oil. Meanwhile, Bitcoin barely blinkedâproving once again that crypto markets price in regulatory drama faster than hedge funds can draft their âconcernedâ press releases.
One cynical take: These disclosures might actually help ETFs⌠by giving traditional finance folks the illusion of control they desperately crave.