19 Sep 2025
📈SEC Considers Approval of Bitcoin ETF Listing on NYSE Arca
Self-Regulatory Organizations; NYSE Arca, Inc.; Order Instituting Proceedings To Determine Whether To Approve or Disapprove a Proposed Rule Change To List and Trade Shares of the Truth Social Bitcoin ETF, B.T. Under NYSE Arca Rule 8.201-E, Commodity-Based Trust Shares
Summary
The SEC is reviewing NYSE Arca’s proposed rule change to list and trade Truth Social Bitcoin ETF shares. The proposal aims to facilitate investment in bitcoin, and the SEC is inviting public comment on legal and policy concerns related to the listing, including market manipulative practices and investor protections.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The document addresses the approval status of a proposed rule change by NYSE Arca to list and trade shares of a Bitcoin ETF, potentially affecting market dynamics and investment opportunities in digital assets for businesses. The SEC's scrutiny could impact compliance and trading strategies for financial institutions.