26 Feb 2025
📈SEC Notice on Proposed WisdomTree XRP Fund Trading Rules
Self-Regulatory Organizations; Cboe BZX Exchange, Inc.; Notice of Filing of a Proposed Rule Change To List and Trade Shares of the WisdomTree XRP Fund Under BZX Rule 14.11(e)(4), Commodity-Based Trust Shares
Summary
The Securities and Exchange Commission has published a notice regarding a proposed rule change by Cboe BZX Exchange, Inc. to list and trade shares of the WisdomTree XRP Fund under specific regulations. The notice includes details about the fund's structure, trading, and compliance with federal laws, aiming to enhance investor access to digital assets.
Agencies
- Securities and Exchange Commission
Business Impact
$$$ - High
The document outlines a proposed rule change to list and trade shares of the WisdomTree XRP Fund, which involves compliance with SEC regulations and has potential financial implications for businesses and investors in the digital asset space. It affects market operations and the introduction of a new exchange-traded product (ETP).