💹NYSE Proposes FLEX Options Trading for Grayscale Bitcoin Trust
The SEC is considering a proposed rule change by NYSE American LLC to allow the trading of FLEX options on the Grayscale Bitcoin Trust (GBTC). This move aims to enhance liquidity and provide better risk management options for investors, while ensuring robust surveillance to protect market integrity against manipulation.
Learn More📈SEC Prolongs Action on Bitcoin Options Regulation Proposal
The SEC announces an extended period for considering a proposed rule change from NYSE Arca, Inc. related to options on the Grayscale Bitcoin Mini Trust and Bitwise Bitcoin ETF. The extension allows for a thorough assessment before making a decision regarding the amendments to position and exercise limits, as well as the introduction of Flexible Exchange Options.
Learn More💰Cboe BZX Proposes Amendments for Invesco Galaxy ETFs
The Securities and Exchange Commission published a notice regarding Cboe BZX Exchange's proposed rule change to allow in-kind creations and redemptions for the Invesco Galaxy Bitcoin and Ethereum ETFs. This change aims to improve market efficiency and provide greater operational flexibility for authorized participants in the trust, potentially benefiting investors.
Learn More💰SEC Designates Longer Review for Fidelity Crypto Fund Rule Change
The SEC has announced an extended review period for the proposed rule change by Cboe BZX Exchange regarding the Fidelity Wise Origin Bitcoin Fund and the Fidelity Ethereum Fund. This change seeks to allow in-kind creations and redemptions, intending to facilitate greater flexibility and efficiency in trading operations. The Commission will make a decision by May 26, 2025.
Learn More📈SEC Extends Review Period for ARK 21Shares Bitcoin ETF Rule Change
The SEC has designated a longer period to review the proposed rule changes for the ARK 21Shares Bitcoin ETF and 21Shares Core Ethereum ETF, which include provisions for in-kind creations and redemptions. This extension allows the Commission additional time to consider potential implications and feedback on the amendments to the trading rules governing these ETFs.
Learn More💰Notice of Proposed Rule Change to List Bitwise Bitcoin & Ethereum ETF
This regulatory notice by the Securities and Exchange Commission addresses NYSE Arca's filing for a proposed rule change to list and trade shares of the Bitwise Bitcoin and Ethereum ETF. The document outlines the ETF's operation, regulatory compliance requirements, and outlines the framework for trading to ensure transparency and investor protection.
Learn More🪙Strategic Bitcoin Reserve and Digital Asset Stockpile Executive Order
Executive Order 14233 establishes a Strategic Bitcoin Reserve and United States Digital Asset Stockpile to strategically manage the government's digital assets. This order mandates the creation of custodial accounts for Bitcoin and other digital assets acquired through forfeiture, emphasizing their significance in the global financial system and the importance of responsible asset management.
Learn More📈Cboe's Proposed Rule Change for Bitcoin Options Expirations
The Securities and Exchange Commission is reviewing a proposed rule change by Cboe Exchange to add P.M.-settled options for the Cboe Bitcoin U.S. ETF Index and its mini version. This proposal aims to provide more flexible expirations, including daily and quarterly, enhancing trading opportunities and risk management for market participants.
Learn More💹SEC Notice on In-Kind Transactions for VanEck Bitcoin & Ethereum Trusts
The SEC is soliciting comments on Cboe BZX Exchange's proposed rule change to permit in-kind creations and redemptions for the VanEck Bitcoin and Ethereum Trusts. This rule aims to improve market efficiency, allowing authorized participants to utilize both bitcoin and cash in transactions, which could impact pricing and trading strategies for investors and firms in these markets.
Learn More💰SEC Proposal for In-Kind Transactions in WisdomTree Bitcoin Fund
The SEC has issued a notice regarding a proposed rule change by Cboe BZX Exchange, Inc. to allow in-kind creations and redemptions for the WisdomTree Bitcoin Fund. This regulatory update aims to enhance trading efficiency and market operations for Bitcoin ETP shares, reflecting a shift towards accommodating cryptocurrency assets in established financial frameworks.
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