Found 5 results

Search Results: keywords:"bitcoin"

View All

Oldest Newest

2024-29469 — Self-Regulatory Organizations; NYSE Arca, Inc.; Notice of Filing of Proposed Rule Change to List and Trade Shares of the Bitwise Bitcoin and Ethereum ETF under NYSE Arca Rule 8.201-E (Commodity-Based Trust Shares)
💰
December 16, 2024
Type:Notice
Citation:89 FR 101654
Reading Time:about 57 minutes
The Securities and Exchange Commission (SEC) is considering a proposal from NYSE Arca, Inc., to list and trade shares of a new exchange-traded fund (ETF), which will hold bitcoin and ether, the two most popular cryptocurrencies. Known as the Bitwise Bitcoin and Ethereum ETF, this fund aims to reflect the value of bitcoin and ether based on daily price benchmarks, with the goal of giving investors exposure to these cryptocurrencies without directly owning them. The SEC invites public comments on this proposal as part of its evaluation process.
Simple Explanation
The SEC is thinking about a plan to let people buy and sell a special kind of stock that is linked to the value of Bitcoin and Ethereum without actually owning those digital coins. This means folks can invest in these cryptocurrencies like they do in regular stocks.
2025-02495 — Self-Regulatory Organizations; The Nasdaq Stock Market LLC; Notice of Filing of Proposed Rule Change To Update Certain Representations Relating to Shares of the iShares Bitcoin Trust To Allow for In-Kind Transfers of the Trust's Bitcoin
💰
February 12, 2025
Type:Notice
Citation:90 FR 9446
Reading Time:about 21 minutes
The Nasdaq Stock Market LLC has proposed a rule change to the Securities and Exchange Commission (SEC) related to shares of the iShares Bitcoin Trust. This proposal will allow "in-kind" transfers of bitcoin, alongside the existing cash process, in the trust's creation and redemption of shares. The change aims to enhance efficiency by letting specific participants source bitcoin themselves, which may reduce the trust's market impact and benefit investors. The SEC is seeking public comments on this proposal.
Simple Explanation
In a plan to change the rules, Nasdaq wants to allow a special kind of swap called "in-kind" for how a trust that handles Bitcoin lets people buy and sell shares. This would make things run smoother and possibly save money.
2025-03887 — Self-Regulatory Organizations; NYSE Arca, Inc.; Notice of Filing of Proposed Rule Change To List and Trade Shares of the Bitwise Bitcoin and Ethereum ETF Under NYSE Arca Rule 8.201-E (Commodity-Based Trust Shares)
💰
March 12, 2025
Type:Notice
Citation:90 FR 11855
Reading Time:about 59 minutes
NYSE Arca filed a proposed rule change with the Securities and Exchange Commission (SEC) to list and trade shares of the Bitwise Bitcoin and Ethereum ETF. This ETF, managed by Bitwise Investment Advisers, aims to provide exposure to bitcoin and ether based on their market capitalizations. The SEC will review this proposal within either 45 or 90 days to ensure compliance and fraud prevention. If the ETF is approved, it will trade under specific rules for monitoring, valuation, and trading halts on the NYSE Arca Exchange.
Simple Explanation
NYSE Arca wants to allow people to buy and sell a new kind of investment called an ETF that includes bitcoin and ether, which are special digital coins. The plan is being checked to make sure it's safe and fair for everyone.
2025-02223 — Self-Regulatory Organizations; NYSE Arca, Inc.; Notice of Filing of Amendment No. 1 and Order Granting Accelerated Approval of a Proposed Rule Change, as Modified by Amendment No. 1, To List and Trade Shares of the Bitwise Bitcoin and Ethereum ETF Under NYSE Arca Rule 8.201-E (Commodity-Based Trust Shares)
💰
February 05, 2025
Type:Notice
Citation:90 FR 9050
Reading Time:about 12 minutes
The Securities and Exchange Commission (SEC) has approved a proposed rule change allowing the NYSE Arca to list and trade shares of the Bitwise Bitcoin and Ethereum ETF under a specific rule for Commodity-Based Trust Shares. This ETF will hold both bitcoin and ether based on their market capitalizations, aiming to provide exposure to these cryptocurrencies while covering operational expenses. The SEC's approval was granted on an accelerated basis after the exchange modified its proposal to ensure transparency and fair trading practices, aligning it with other similar exchange-traded products. The public is invited to submit comments on the proposal until February 26, 2025.
Simple Explanation
The government said yes to a plan that lets people buy a special kind of stock that owns both bitcoin and ether, so they can have a part of both big internet coins through a safe place. They want everyone to know that they can say what they think about this plan until the end of February.
2024-30683 — Self-Regulatory Organizations; Cboe BZX Exchange, Inc.; Notice of Filing of Amendment No. 1 to a Proposed Rule Change To List and Trade Shares of the Franklin Crypto Index ETF, a Series of the Franklin Crypto Trust, Under BZX Rule 14.11(e)(4), Commodity-Based Trust Shares
💰
December 26, 2024
Type:Notice
Citation:89 FR 105109
Reading Time:about 49 minutes
The document is a notice from the Securities and Exchange Commission about the Cboe BZX Exchange's proposed rule change to list and trade shares of the Franklin Crypto Index ETF. This ETF is part of the Franklin Crypto Trust and will include both bitcoin and ether. The notice outlines the proposed rule change, its purpose, and the safeguards in place to prevent fraud and manipulation. The public is invited to comment on this proposal by January 16, 2025.
Simple Explanation
There's a new plan to let people buy and sell part of a big collection of pretend money, like bitcoin and ether, on a special list. People can let the rule makers know what they think about this idea by January 16, 2025.

Showing 1 to 5 of 5 results