22 Sep 2025
📈NYSE Arca Approves Rule Change for Digital Asset Trading
Self-Regulatory Organizations; NYSE Arca, Inc.; Order Setting Aside Action by Delegated Authority and Approving a Proposed Rule Change, as Modified by Amendment No. 1, To Amend NYSE Arca Rule 8.500-E (Trust Units) and To List and Trade Shares of the Grayscale Digital Large Cap Fund LLC Under Amended NYSE Arca Rule 8.500-E (Trust Units)
Summary
The Securities and Exchange Commission has approved NYSE Arca's proposed rule change, allowing the listing and trading of shares of the Grayscale Digital Large Cap Fund LLC. This move significantly updates the definition of Trust Units and allows for investments represented by an index or portfolio, enhancing opportunities for digital asset trading on the exchange.
Agencies
- Securities and Exchange Commission
Business Impact
$$$ - High
The regulatory document addresses the approval of a proposed rule change for NYSE Arca, which impacts the trading of trust units and digital assets. Business owners and executives involved in securities and investment funds must consider compliance with new listing and trading rules for digital asset funds, impacting investment strategies and operational requirements.