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Industry Brief — SEC opens a path for tokenized stocks After the Senate stalled the CLARITY Act, the SEC granted a 5-year Innovation Exemption for authorized venues to trade tokenized NMS stocks. With ETF inflows returning, BTC reclaimed ~$81k. Key points: • SEC Innovation Exemption (time-limited, conditional) • Tokenized NMS stocks on authorized on-chain venues • Spot BTC ETF inflows + short squeeze amplified the move Source: The Crypto Times / SEC (Sep 19, 2026) Not legal or investment advice. #UZX #SEC #TokenizedStocks #Bitcoin

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