💰Nasdaq Proposes Bitcoin Trust Rule Change for In-Kind Transactions
The Securities and Exchange Commission has published a notice regarding The Nasdaq Stock Market's proposal to amend rules for the iShares Bitcoin Trust. The proposed changes involve permitting in-kind creations and redemptions for trust shares, aiming to enhance efficiency and operational flexibility in trading operations. The notice also invites comments from interested parties on these amendments.
Learn More📈SEC Proceeds with Rule Change for WisdomTree XRP Fund Shares
The SEC has initiated proceedings to determine whether to approve or disapprove the proposal for the WisdomTree XRP Fund's shares to be listed on the Cboe BZX Exchange. The investment objective of the Trust is to track XRP performance, consisting solely of XRP, cash, and cash equivalents. The SEC seeks public comment on this proposal, raising questions about compliance with existing regulations.
Learn More📈SEC Review of Cboe BZX's Canary Solana Trust Proposal
The SEC is considering a proposed rule change allowing Cboe BZX Exchange to list and trade shares of the Canary Solana Trust, which aims to track the performance of the digital asset SOL. This regulatory review addresses legal and policy issues, seeking public comment on the initiative's alignment with investor protection standards.
Learn More📈SEC Extends Review for Grayscale Litecoin Trust Listing Proposal
The Securities and Exchange Commission is reviewing a proposed rule change by NYSE Arca to list and trade shares of the Grayscale Litecoin Trust. This notice indicates an extended timeline for the SEC to consider the proposed amendment, allowing for thorough assessment of the implications for investment and regulatory landscapes.
Learn More💰Analysis of Cboe BZX Proposed Rule Change for Canary XRP Trust
The Cboe BZX Exchange has filed a proposed rule change to list and trade shares of the Canary XRP Trust, aiming to provide a regulated framework for investing in XRP. This notice outlines regulatory compliance, investor protection measures, and discussions around the potential for price manipulation in digital asset markets.
Learn More📈Proposed Rule Change for 21Shares Core XRP Trust Listing
The SEC has published a notice regarding Cboe BZX Exchange's proposed rule change to list and trade shares of the 21Shares Core XRP Trust. This proposal seeks to clarify aspects of the Trust’s operations, investor protections, and compliance with SEC regulations, thereby expanding investment options for cryptocurrency.
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