Search Results for keywords:"BZX Rule 14.11(e)(4)"

Cboe BZX Exchange, Inc. filed a proposal with the Securities and Exchange Commission (SEC) to list and trade shares of the Canary XRP Trust. This proposal was initially published for comments in the Federal Register on February 25, 2025. The SEC has extended its decision-making period to May 26, 2025, to allow more time to consider the proposal and any issues it raises. The decision could be to approve, disapprove, or start a process to possibly disapprove the proposed rule change.

The Cboe BZX Exchange, Inc. has submitted a proposed rule change to the Securities and Exchange Commission (SEC) to list and trade shares of the VanEck Solana Trust under BZX Rule 14.11(e)(4). This rule pertains to Commodity-Based Trust Shares. The Exchange suggests that Solana (SOL) is resistant to price manipulation and highlights the regulation's aim to create a safer and more transparent investment option for U.S. investors, addressing manipulation concerns and ensuring compliance with the Act. The SEC invites public comments on this proposal before making a decision to approve or disapprove it.

The Securities and Exchange Commission is reviewing a proposal by Cboe BZX Exchange, Inc. to list and trade shares of the Fidelity Solana Fund. This fund will invest in Solana, a type of cryptocurrency, without needing a surveillance-sharing agreement with a market of significant size for monitoring. The proposal aims to offer U.S. investors a transparent and regulated option to invest in Solana, possibly reducing risks like price manipulation and high management fees. The SEC is seeking comments from the public and plans to decide on approval within 90 days.

The Securities and Exchange Commission has received a proposed rule change from the Cboe BZX Exchange, Inc. to list and trade shares of the Canary Solana Trust under BZX Rule 14.11(e)(4), which covers Commodity-Based Trust Shares. The Trust aims to track the performance of SOL, a digital asset from the decentralized Solana Network, focusing on preventing fraudulent and manipulative practices. To do this, they plan to utilize various security measures, including transparency in pricing and information dissemination. The SEC is seeking public comments before making a final decision, with the deadline set for March 11, 2025.

The Securities and Exchange Commission (SEC) is considering a rule change proposed by the Cboe BZX Exchange, Inc.. The change involves listing and trading shares of the WisdomTree XRP Fund. The SEC has decided to extend the time they have to make a decision on this proposal to May 27, 2025, to ensure they can fully evaluate the details and any raised issues. This extension allows the SEC to assess whether to approve, disapprove, or start proceedings on disapproval of the proposed rule change.

On January 28, 2025, Cboe BZX Exchange, Inc. submitted a proposed rule change to the Securities and Exchange Commission (SEC) to list and trade shares of the Bitwise Solana ETF. The SEC announced that it needs more time to evaluate this proposal and has extended the deadline for its decision from April 4, 2025, to May 19, 2025. This extension aims to give the SEC enough time to consider the proposal and any issues it presents. The proposed rule change was initially published for public comment on February 18, 2025.

The U.S. Securities and Exchange Commission (SEC) has extended the time period to decide on a proposed rule change by Cboe BZX Exchange, Inc. This rule change aims to allow the listing and trading of shares of the VanEck Solana Trust under BZX Rule 14.11(e)(4), related to Commodity-Based Trust Shares. Originally, the SEC had until April 4, 2025, to make a decision, but it has now extended the deadline to May 19, 2025, to ensure thorough consideration of the proposal.

The Securities and Exchange Commission received a proposed rule change from the Cboe BZX Exchange, Inc. to list and trade shares of the 21Shares Core XRP Trust. This trust focuses on XRP, a digital asset intended for fast and low-cost transactions, different from other cryptocurrencies like Bitcoin and Ethereum. The proposal argues that XRP is less prone to price manipulation and offers ample protection for investors by securing assets in segregated accounts. The SEC is seeking public comments on this proposal to assess its compliance with regulatory standards, evaluating if it prevents fraud and protects investors before a final decision.

The Securities and Exchange Commission (SEC) has announced a longer review period for a proposed rule change filed by Cboe BZX Exchange, Inc. This change would allow the listing and trading of shares of the Canary Solana Trust under the Commodity-Based Trust Shares category. The SEC has extended the decision deadline to May 19, 2025, to have more time to review the proposal and the issues it raises. This announcement was made under the authority of the Division of Trading and Markets.

The Securities and Exchange Commission has released a notice that the Cboe BZX Exchange, Inc. is proposing a rule change to allow the listing and trading of shares of the Canary XRP Trust under BZX Rule 14.11(e)(4). The proposal aims to list these shares, which are linked to the digital asset XRP, on a regulated exchange. The document also discusses the measures in place to prevent fraudulent activities, while ensuring investor protection by exposing U.S. investors to XRP through a regulated, exchange-traded product. The public is invited to comment on this proposal to ensure adherence to the rules governing fair and transparent markets.