23 Jul 2025
📈NYSE Arca's Proposed Rule Change for Bitwise Crypto Index ETF
Self-Regulatory Organizations; NYSE Arca, Inc.; Notice of Filing of Amendment No. 1 to a Proposed Rule Change To Amend NYSE Arca Rule 8.500-E (Trust Units) and To List and Trade Shares of the Bitwise 10 Crypto Index ETF Under Amended NYSE Arca Rule 8.500-E
Summary
The SEC has published a notice of filing for NYSE Arca's amendment to Rule 8.500-E, allowing for the listing and trading of the Bitwise 10 Crypto Index ETF. This rule change aims to broaden the types of entities issuing Trust Units, enhancing trading flexibility and compliance for digital asset investments.
Agencies
- Securities and Exchange Commission
Business Impact
$$$ - High
The document outlines regulatory changes regarding the listing and trading of the Bitwise 10 Crypto Index ETF, which could affect compliance and financial practices for businesses involved in digital asset trading. The changes to NYSE Arca Rule 8.500-E represent significant regulatory developments that businesses must consider for operational compliance, market positioning, and cryptocurrency investment strategies.