According to Wu, BlackRock has requested to meet with the SEC's Special Working Group on Crypto Assets to discuss the market progress of its digital asset products IBIT, ETHA, and BUIDL, explore the regulatory treatment of staking operations and their application in exchange-traded products (ETPs), study the advancement of security tokenization under the federal securities regulatory framework, discuss specific standards for approving crypto ETPs and possible temporary frameworks, and make recommendations regarding the positions and exercise restrictions of crypto ETP options.