FILTERED RESULTS
FILTERS
Ads Top
DARK MODE
CHART
    Filters
      Symbols
      Sentiment
      Impact
      Search
      FILTERED RESULTS

        

      Upgrade your plan
      Dashboard

      SEC Proposes Framework for Investment Advisers to Self-Custody Crypto Assets

      The U.S. Securities and Exchange Commission (SEC) has introduced a proposal that would enable investment advisers and regulated funds to hold Bitcoin and other cryptocurrencies directly, rather than relying on intermediaries such as exchange-traded funds (ETFs). This framework, announced on October 1, aims to address existing gaps in the infrastructure necessary for institutions to manage digital assets independently. Under the proposed rules, investment advisers and regulated funds, including asset managers and hedge funds, would also be permitted to utilize state trust companies as custodians for these assets.

      SEC Chair Paul Atkins emphasized that the agency's regulations have not kept pace with the rapidly evolving cryptocurrency market, which is now valued in the trillions of dollars. Commissioner Hester Peirce added that regulators should prioritize investors' rights to self-custody their assets instead of mandating third-party custodians. The current regulations typically require advisers to store client assets with qualified custodians, which has led many to opt for ETFs as a more straightforward method of gaining exposure to Bitcoin.

      The proposal is expected to enter a 60-day public comment period, during which feedback from major asset managers, custodians, and banks will be solicited. While the framework aims to facilitate direct ownership of cryptocurrencies, it does not compel any adviser or fund to invest in digital assets. The potential impact on institutional allocations may be gradual, and if adopted, the rules could lead to a shift of some institutional holdings from ETFs to direct ownership, thereby altering the landscape of institutional demand for cryptocurrencies.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

      .

      Terra Founder Do Kwon Sentenced to 15 Years in Prison for Fraud