VanEck Pushes SEC for Clarity on Tokenized ETFs and Staking Products

VanEck, a top-tier ETF issuer managing $132.9 billion in assets, has formally engaged the SEC's crypto Task Force to address regulatory gaps for blockchain-based funds. The firm's proposal highlights the need for updated frameworks covering tokenized ETF shares and staking mechanisms within regulated structures.

Key discussion points included operational implications of representing fund shares as blockchain tokens, alongside liquidity risk management for staking-enabled ETFs. VanEck's submission explicitly questioned whether existing commodity ETF rules could extend to crypto staking products.

The dialogue ventured beyond immediate ETF concerns, probing larger regulatory challenges posed by DeFi platforms and tokenized securities. This marks a strategic push to align legacy securities laws with blockchain-native financial instruments.