The SEC just proposed letting investment advisers and funds hold crypto themselves instead of handing it to a custodian đŸ›ïž

The new framework would let regulated firms self-custody digital assets directly, something the industry has pushed for since the earliest ETF filings. It is open for public comment before anything becomes final.

Self-custody has been the retail pitch for years. Watching regulated institutions get the same option changes who that pitch is really aimed at.

Institutions managing their own keys, or keeping custodians in the loop regardless of what the rule allows? 👇

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