17 Mar 2025
📈SEC Notice on Proposed Bitwise Solana ETF Trading Rule
Self-Regulatory Organizations; Cboe BZX Exchange, Inc.; Notice of Designation of a Longer Period for Commission Action on a Proposed Rule Change To List and Trade Shares of the Bitwise Solana ETF Under BZX Rule 14.11(e)(4), Commodity-Based Trust Shares
Summary
The SEC has announced a notice regarding a proposed rule change from Cboe BZX Exchange, Inc. to list and trade shares of the Bitwise Solana ETF. This notice extends the period for the Commission to take action on the proposed rule change, allowing for thorough consideration of the related issues.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The notice involves a proposed rule change to list and trade shares of the Bitwise Solana ETF, impacting financial markets and investment opportunities. Business owners and executives in finance will need to monitor this for compliance and market positioning.