2 Jul 2025
📈NYSE Arca Proposed Rule Change for Grayscale Digital Fund
Self-Regulatory Organizations; NYSE Arca, Inc.; Notice of Filing of Amendment No. 1 to Proposed Rule Change To Amend NYSE Arca Rule 8.500-E and To List and Trade Shares of the Grayscale Digital Large Cap Fund LLC
Summary
The Securities and Exchange Commission published a notice regarding an amendment to NYSE Arca Rule 8.500-E, enabling the listing and trading of shares for the Grayscale Digital Large Cap Fund. This proposed change is intended to broaden the types of entities eligible to issue Trust Units and enhance the framework for digital asset investments.
Agencies
- Securities and Exchange Commission
Business Impact
$$$ - High
The text includes proposed amendments to trading rules regarding digital assets, impacting compliance and regulatory requirements for businesses engaged in trading or investing in cryptocurrencies. The listing of the Grayscale Digital Large Cap Fund has potential implications for asset management firms and investors looking for regulated investment vehicles.