BlackRock Cuts Through SEC Red Tape—Crypto Staking, ETFs on the Table

Wall Street’s trillion-dollar gorilla just sat down with regulators—and crypto might never be the same. BlackRock’s closed-door meeting with the SEC’s crypto task force signals a seismic shift: institutional players are done waiting for permission.

Staking in the crosshairs: The asset manager likely pushed for clarity on yield-bearing products—because nothing gets financiers’ hearts racing like the words ’risk-free returns.’

Spot ETF endgame: After a year of cat-and-mouse games, even bureaucrats can’t ignore $10 trillion of institutional cash itching for Bitcoin exposure. The SEC’s coffee-stained ’denial playbook’ might finally be getting a rewrite.

Bonus jab: Somewhere in Manhattan, a Goldman Sachs VP just downgraded crypto to ’seriously reconsidering my life choices.’