Bitwise hails BlackRock iShares ETF tokenization; SEC talks flag 90 days to 12 months

On February 11, 2026, Bitwise CIO Matt Hougan endorsed BlackRock's move to tokenize its flagship iShares ETFs, calling it a narrative that could pull crypto out of a bear market. BlackRock CFO Martin Small said the firm is in active talks with the SEC and the process could take 90 days to 12 months. The initiative targets roughly $4 trillion held in digital wallets.