Search Results for keywords:"Flexible Exchange Options"

Found 2 results

Search Results: keywords:"Flexible Exchange Options"

💰 Only

Oldest Newest

2025-04351 — Self-Regulatory Organizations; NYSE Arca, Inc.; Notice of Designation of a Longer Period for Commission Action on a Proposed Rule Change, as Modified by Amendment No. 1, To Amend Rules Regarding the Position and Exercise Limits for Options on the Grayscale Bitcoin Mini Trust and the Bitwise Bitcoin ETF and To Permit Flexible Exchange Options on the Grayscale Bitcoin Mini Trust and the Bitwise Bitcoin ETF
March 18, 2025
Type:Notice
Citation:90 FR 12614
Reading Time:about 2 minutes
On February 3, 2025, NYSE Arca, Inc. proposed a rule change to the Securities and Exchange Commission (SEC) to modify position and exercise limits for options on certain Bitcoin trusts and allow Flexible Exchange Options on these Bitcoin products. An amendment to this proposal was filed on February 14, 2025, and was published for public comment on February 24, 2025. The SEC has not received any public comments and has decided to extend the original 45-day review period to May 25, 2025, to further consider the proposal. This extension gives the SEC additional time to either approve, disapprove, or start proceedings regarding the rule change.
Simple Explanation
The SEC needs more time to think about a new rule to let people have more options and flexibility in trading with special kinds of Bitcoin investments called trusts and ETFs. They're now planning to make a decision by May 25, 2025.
2025-03072 — Self-Regulatory Organizations; Nasdaq ISE, LLC; Notice of Designation of a Longer Period for Commission Action on a Proposed Rule Change Regarding Position and Exercise Limits and Flexible Exchange Options for iShares Bitcoin Trust ETF
February 26, 2025
Type:Notice
Citation:90 FR 10738
Reading Time:about a minute or two
Nasdaq ISE, LLC submitted a proposed rule change to the Securities and Exchange Commission (SEC) concerning position and exercise limits and Flexible Exchange Options for iShares Bitcoin Trust ETF. This proposed change was announced in the Federal Register on January 6, 2025. By law, the SEC must decide on the proposed rule change within 45 days, but it has chosen to extend this period to ensure thorough consideration. As a result, the SEC aims to make a final decision by April 6, 2025.
Simple Explanation
The government is taking more time to think about a new rule for trading bitcoin in a special way, to make sure they get it right. They want to decide by April 6, 2025, to keep everything fair and safe.

Showing 1 to 2 of 2 results