CTF Written Submission
RE: Letter to Crypto Task Force
June 19, 2025
- CoinShares International Limited discussed the structure and regulatory compliance of their European digital asset ETPs, highlighting their fully collateralized and bankruptcy-remote nature.
- CoinShares emphasized the importance of staking rewards for investors in spot proof of stake digital asset ETPs and recommended that the SEC avoid setting arbitrary limits on staking percentages.
- CoinShares requested the SEC to revoke the 2018 open letter from Division of Investment Management Director Dalia Blass, which constrains registered investment advisors' ability to invest in digital assets.
Last Reviewed or Updated: June 20, 2025