Overview

• VanEck met with the SEC Crypto Task Force on Thursday to discuss integrating tokenization and staking into regulated fund structures.
• It asked how investor protections and market structure would change if ETF shares were represented as blockchain tokens.
• The firm sought clarity on whether proposed Generic Listing Standards for crypto exchange‑traded products cover staking products and how exchanges should handle related liquidity risks.
• VanEck urged a review of DeFi platforms, tokenized securities and ICOs under existing securities laws and highlighted potential updates to the Advisers Act Custody Rule.
• It proposed Multi‑Party Computation for safeguarding private keys and asked how technology‑driven custody models should be regulated.