Summary
Asset management firms have requested the SEC for exposure to digital assets like bitcoin, but caution is advised due to high risk.
Key Points
1. Asset management firms are requesting exposure to digital assets, specifically bitcoin and spot bitcoin ETFs.
2. The SEC is considering whether to allow asset management firms to invest directly in digital assets due to the high risk involved.
3. There is a need for careful consideration and evaluation before granting asset management firms access to digital assets.