Grayscale, 21Shares, and a16z are among the crypto firms that have asked the U.S. Securities and Exchange Commission (SEC) to allow confidential draft registrations for proposed exchange-traded products (ETPs) and to shorten the review process. However, Jane Street and Charles Schwab raised concerns, with Jane Street warning that pressure for quick launches could lead to rushed registrations, and Schwab opposing fully confidential filings, suggesting they should become public at least 75 days before the fund takes effect. Additionally, Multicoin Capital and others requested that staking receipt tokens be allowed in spot crypto ETPs.