3 Sep 2025
📈Nasdaq Crypto ETF Proposal Update - SEC Regulatory Notice
Self-Regulatory Organizations; Nasdaq Stock Market LLC; Notice of Designation of a Longer Period for Commission Action on Proceedings To Determine Whether To Approve or Disapprove a Proposed Rule Change, as Modified by Amendment No. 2, To Amend Nasdaq Rule 5711(i) (Trust Units) and To List and Trade Shares of the Hashdex Nasdaq Crypto Index US ETF Under Nasdaq Rule 5711(i)
Summary
The SEC has designated a longer review period for Nasdaq's proposed amendments to Rule 5711(i) related to the listing and trading of digital asset ETFs. This regulatory notice highlights the timeline for decision-making on these critical changes, reflecting the evolving landscape of cryptocurrency investments and the regulatory scrutiny they face.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The content details regulatory developments concerning the Nasdaq’s proposed rule change to list and trade digital asset-based investments, including the Hashdex Nasdaq Crypto Index US ETF. Business owners and executives should be aware of compliance requirements and potential market impacts resulting from these changes, especially in the growing digital asset space.