Search Results for keywords:"exchange-traded fund"

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Search Results: keywords:"exchange-traded fund"

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  • 2025-03032 — Self-Regulatory Organizations; The Nasdaq Stock Market LLC; Notice of Filing of Proposed Rule Change To List and Trade Shares of the CoinShares XRP ETF Under Nasdaq Rule 5711(d)
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    Type:Notice
    Citation:90 FR 10667
    Reading Time:about 48 minutes

    The Securities and Exchange Commission is considering a proposal by The Nasdaq Stock Market LLC to list and trade shares of the CoinShares XRP ETF under Nasdaq Rule 5711(d). This proposed rule change would allow the exchange to offer a new exchange-traded fund (ETF) that is designed to track the performance of the digital asset XRP. The ETF aims to provide investors an easy and cost-effective way to gain exposure to XRP without directly investing in the cryptocurrency itself. The SEC is seeking public comments on whether this proposal aligns with the rules and regulations set out by the Securities Exchange Act of 1934.

    Simple Explanation

    The SEC is thinking about letting Nasdaq sell a new type of investment, called an ETF, that helps people invest in a digital coin called XRP without buying the coin directly. They're asking people if they think it's a good idea and if it follows the rules.

  • 2021-02711 — Self-Regulatory Organizations; The Nasdaq Stock Market LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change Relating to the ALPS Active REIT ETF of ALPS ETF Trust To List and Trade Shares of the Fund Under Nasdaq Rule 5750
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    Type:Notice
    Citation:86 FR 8972
    Reading Time:about 28 minutes

    The Securities and Exchange Commission (SEC) received a notice from The Nasdaq Stock Market LLC about a proposed rule change related to the ALPS Active REIT ETF, allowing it to list and trade shares under Nasdaq Rule 5750. This rule pertains to the trading of Proxy Portfolio Shares, a type of actively managed exchange-traded fund (ETF) whose portfolio details are disclosed after a delay to protect against market manipulation. Nasdaq emphasizes the importance of maintaining transparency and compliance with regulations while ensuring that all necessary information about the fund and its trading is accessible to both regulators and investors. The SEC is seeking public comments on this proposal within a specified time frame.

    Simple Explanation

    Nasdaq wants to let a special kind of fund, called the ALPS Active REIT ETF, be bought and sold like a regular stock, but it won't show exactly what it owns right away to stop others from copying or cheating. The rule helps keep things fair, and the people in charge are asking everyone what they think about it.