Foresight News reports that Hester Peirce, a commissioner of the U.S. Securities and Exchange Commission (SEC), stated that last week, SEC staff released a guide to assist in the preparation of disclosures for crypto asset ETPs. The guide outlines what crypto ETF issuers must include in their documents. It covers detailed descriptions ranging from how to calculate net asset value and how to choose service providers to custody practices and potential conflicts of interest. The SEC stated that issuers must tailor their disclosures based on their specific structure, emphasizing the review of asset selection, custody, conflicts of interest, and ETF creation/redemption mechanisms.

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