Bitwise Asks SEC To Protect Funds Relying On Token Status Filings

TL;DR: Bitwise filed a supplemental SEC comment seeking clearer protection for firms that rely on token-status filings. The October 21 letter develops its earlier proposal; it is an industry request, not an adopted rule.
Bitwise is pressing the Securities and Exchange Commission to answer a question that matters to fund managers: when can a firm rely on somebody else’s determination that a crypto asset has separated from an investment contract?
The asset manager’s October 21 supplemental let