💰SEC Proposes Rule Change for In-Kind ETF Transactions
The Securities and Exchange Commission (SEC) has published a notice regarding the proposed rule change by the Cboe BZX Exchange to allow in-kind creations and redemptions for the Franklin Bitcoin ETF, Franklin Ethereum ETF, and the Franklin Crypto Index ETF. This change aims to enhance market efficiency and liquidity for authorized participants, impacting the trading dynamics of these funds.
Learn More💰SEC Approves MEMX LLC to List Options on Precious Metal ETFs
The SEC has approved MEMX LLC's proposed rule change, allowing the exchange to list options on several Precious Metal ETFs, including those for gold, silver, palladium, and platinum. This aims to provide investors with additional trading opportunities and hedging strategies in commodities, enhancing their market participation and risk management capabilities.
Learn More📈SEC Proposes Rule for Franklin XRP Fund Listing
The SEC has published a notice regarding a proposed rule change to list and trade shares of the Franklin XRP Fund as Commodity-Based Trust Shares. This development seeks to enhance investor access to XRP while ensuring compliance with regulatory standards, aiming to address concerns related to investor protection and market manipulation.
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 Extends Review Period for Cboe's ETF Options Trading Proposal
The SEC has extended the review period for Cboe Exchange's proposed rule change to list and trade options on several Ethereum-related ETFs. This extension allows the Commission additional time to consider the implications of the proposal, which could significantly impact trading in cryptocurrency markets and related investment products.
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📈SEC Proposes Rule Change for Options on Commodity-Based Trust Shares
The SEC has published a notice related to the proposed rule change by NYSE Arca to amend its rules, allowing options on Commodity-Based Trust Shares. This move aims to enhance trading opportunities and promote competition among exchanges, making it easier for investors to manage their commodity exposure through listed options. The proposal is part of broader efforts to streamline approval processes and increase market transparency.
Learn More📈NYSE Proposal to Allow Options on Commodity-Based Trust Shares
NYSE American has filed a proposed rule change to amend Rule 915, permitting options on Commodity-Based Trust Shares. This change aligns with existing regulations, aims to increase investment options, and enhance competition in the market. The initiative is expected to benefit investors by providing additional risk management tools through listed options.
Learn More📈Fidelity Covington Trust Seeks Amended Order for ETFs
The Securities and Exchange Commission (SEC) has received a request from Fidelity Covington Trust to amend a prior order, allowing funds to invest in a broader range of instruments. This change would enable funds to have greater flexibility in their investment strategies while maintaining specific disclosure requirements.
Learn More📈SEC Proposes Rule Change for FLEX Trading in Bitcoin ETF
The SEC has designated a longer review period for Nasdaq PHLX's proposed rule change that would allow FLEX Trading in the iShares Bitcoin Trust ETF. This extension is intended to provide the Commission more time to consider the implications of the proposed rule change following public comments received, as regulatory decisions regarding such financial products can significantly impact market dynamics.
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