Search Results for keywords:"NYSE Arca"

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Search Results: keywords:"NYSE Arca"

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  • 2020-29025 — Self-Regulatory Organizations; NYSE Arca, Inc.; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Reflect a Change in the Time of Calculation and Publication of the Wilshire Gold Index Applicable to Shares of the Wilshire wShares Enhanced Gold Trust
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    Type:Notice
    Citation:86 FR 159
    Reading Time:about 15 minutes

    The document discusses a rule change proposed by NYSE Arca, Inc., which aims to adjust the timing of when the Wilshire Gold Index is calculated and published. Specifically, the rule change proposes shifting the time from approximately 5:00 p.m. to approximately 7:00 p.m. Eastern Time. This change is due to certain licensing restrictions and will not impact investors during the trading day because the Trust's net asset value is determined at 4:00 p.m. The Securities and Exchange Commission has allowed the rule change to take effect immediately upon filing, as it does not pose significant regulatory issues or impact investor protection.

    Simple Explanation

    The document talks about a change in schedule for when a special gold index number is shared—from 5:00 p.m. to 7:00 p.m. This change won't bother people who trade gold stuff because the important value is still checked at 4:00 p.m.

  • 2025-02823 — Self-Regulatory Organizations; NYSE Arca, Inc.; Notice of Filing of Proposed Rule Change, as Modified by Amendment No. 1, To List and Trade Shares of the Grayscale XRP Trust Under NYSE Arca Rule 8.201-E (Commodity-Based Trust Shares)
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    Type:Notice
    Citation:90 FR 10007
    Reading Time:about 84 minutes

    On January 30, 2025, NYSE Arca, Inc. proposed a rule change to the Securities and Exchange Commission (SEC) to list and trade shares of the Grayscale XRP Trust as a commodity-based trust share on the NYSE Arca. The Trust's main goal is to offer investors a way to gain investment exposure to XRP, a digital asset, on a regulated exchange. The Trust operates without active management and holds XRP, allowing investors to avoid the complexities of purchasing and securing XRP directly. The SEC is seeking public comments on this proposal and will decide whether to approve it within 45 to 90 days.

    Simple Explanation

    NYSE Arca wants to let people buy and sell shares of a special company that holds a digital coin called XRP, so they don't have to deal with getting the coin themselves. The plan is being checked to make sure everything is fair and safe for everyone.

  • 2025-06495 — Self-Regulatory Organizations; NYSE Arca, Inc.; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Amend Rules 5.3-O, 5.4-O, and 6.8-O
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    Type:Notice
    Citation:90 FR 16283
    Reading Time:about 45 minutes

    The Securities and Exchange Commission (SEC) has received a proposal from NYSE Arca, Inc. to amend certain rules to allow the listing and trading of options on specific Ethereum-based exchange-traded funds (ETFs), such as the Grayscale Ethereum Trust ETF, Grayscale Ethereum Mini Trust ETF, and Bitwise Ethereum ETF. This proposal aims to offer investors a straightforward way to gain exposure to Ethereum through the securities market without dealing directly with cryptocurrency. The SEC's notice seeks public comments and explains how these options will be managed, including details about position and exercise limits set to prevent market manipulation. The proposed rule change aims to enhance market competitiveness and transparency by providing investors with an additional, cost-effective way to invest in Ethereum-based ETFs.

    Simple Explanation

    Imagine a big playground where people trade toys like they trade real money and things called "cryptocurrencies," like magic beans named Ethereum, without having to buy the beans themselves. The people in charge want to change the rules to let folks trade pretend versions of these magic beans using special toys called "options," so they asked everyone what they think about this idea to make sure everything stays fair and fun.

  • 2025-02685 — Self-Regulatory Organizations; NYSE Arca, Inc.; Notice of Filing of Proposed Rule Change, as Modified by Amendment No. 1, To Amend Rules Regarding the Position and Exercise Limits for Options on the Grayscale Bitcoin Trust and To Permit Flexible Exchange Options on the Grayscale Bitcoin Trust
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    Type:Notice
    Citation:90 FR 9765
    Reading Time:about 32 minutes

    The Securities and Exchange Commission has shared a proposed rule change by NYSE Arca, Inc. to alter the limits for options on the Grayscale Bitcoin Trust (GBTC). Specifically, it aims to increase the position and exercise limits from 25,000 to 250,000 contracts, and to allow GBTC options to trade as Flexible Exchange Options (FLEX Options). The proposal is intended to boost market activity by enabling larger trades, improve competition against over-the-counter markets, and offer new trading tools similar to existing options on ETFs like gold and silver shares. The Commission is inviting public comments on this proposed change.

    Simple Explanation

    The Securities and Exchange Commission is thinking about letting people trade more options on a Bitcoin trust, kind of like trading cards, so they can trade up to 250,000 at once instead of just 25,000. This change could make trading more exciting by giving people more ways to trade, similar to other well-known options on gold and silver.