19 Aug 2025
📈SEC Reviews Cboe BZX Proposal for 21Shares Core Solana ETF
Self-Regulatory Organizations; Cboe BZX Exchange, Inc.; Notice of Designation of a Longer Period for Commission Action on Proceedings To Determine Whether To Approve or Disapprove a Proposed Rule Change To List and Trade Shares of 21Shares Core Solana ETF Under BZX Rule 14.11(e)(4), Commodity-Based Trust Shares
Summary
The SEC has announced a longer review period for Cboe BZX Exchange's proposed rule change to list and trade shares of the 21Shares Core Solana ETF. This decision follows the commission's need for additional time to assess the proposed changes and public comments, emphasizing the implications for market participants and investment strategies.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The content discusses a proposed rule change for the listing and trading of the 21Shares Core Solana ETF, which is relevant for business owners and executives involved in securities and investment management. Compliance with SEC regulations and potential market opportunities for ETF investors highlight its importance.