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F/m Investments Seeks SEC Exemption to Record Treasury ETF Shares on Blockchain

F/m Investments Seeks SEC Exemption to Record Treasury ETF Shares on Blockchain

F/m Investments requests SEC approval to record shares of its $18B US Treasury ETF on a permissioned blockchain, marking a potential first in tokenizing registered investment company shares.

Fact Check
The evidence overwhelmingly and consistently supports the truthfulness of the statement. The most authoritative source is a primary press release directly from F/m Investments, which officially announces its "first-of-its-kind SEC application for tokenized ETF shares." This primary confirmation is directly corroborated by multiple high-authority financial news outlets, including Reuters, Bloomberg, and MarketBeat. These sources uniformly report that F/m Investments has filed a request with US regulators (specifically the SEC) for approval to record shares of its Treasury ETF on a blockchain. There are no contradictions in the evidence provided. The sources with lower relevance either provide general background or confirm contextual details (like F/m managing Treasury ETFs) but do not refute the central claim. The combination of a primary source announcement from the company itself and consistent reporting from reputable financial news organizations makes the statement verifiably true based on the provided materials.
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Summary

F/m Investments has filed with the SEC to record its $18 billion US Treasury 3 Month Bill ETF (TBIL) shares on a permissioned blockchain, marking a pioneering move for tokenizing registered investment company shares. The firm affirms that tokenization will not alter the ETF’s existing terms, rights, or processes, and remains subject to SEC approval.

Terms & Concepts
  • Tokenization: The process of representing ownership or rights to an asset as digital tokens on a blockchain for on-chain recording or transfer.
  • Blockchain: A distributed digital ledger that records transactions securely and transparently without a central authority.
  • ETF (Exchange-Traded Fund): An investment fund traded on stock exchanges that holds a basket of assets, such as stocks or bonds.