Techub News reports that ETF issuer F/m Investments has applied for regulatory approval from the U.S. Securities and Exchange Commission (SEC) to tokenize its ETF shares and record them on a permissioned blockchain ledger. The report states that the proposed tokenized product is its 3-month U.S. Treasury Bill ETF "TBIL." The application does not alter the ETF's holdings structure or trading methods, but only registers the shares on the blockchain backend. It is also stated that the tokenized shares will be consistent with existing shares in terms of fees, rights, and information disclosure.