Search Results for keywords:"investment risks"

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Search Results: keywords:"investment risks"

  • Type:Notice
    Citation:90 FR 16348
    Reading Time:about 49 minutes

    The Cboe BZX Exchange, Inc. proposed a rule change to allow listing of options on the iShares Ethereum Trust, which involves trading options on a fund that represents interests in Ethereum. This proposal is aligned with a similar rule change approved for Nasdaq ISE, LLC and aims to provide investors with a lower-cost tool for gaining exposure to Ethereum. The Exchange has set conservative position and exercise limits for these options to ensure market stability and plans to follow the same rules that apply to other Exchange-Traded Fund (ETF) options. This new offering is expected to enhance market transparency and provide an alternative to the unregulated over-the-counter options market.

    Simple Explanation

    The Cboe BZX Exchange wants to allow trading of options on a fund that holds Ethereum, offering people a new way to invest in Ethereum. By doing this, they hope to make it easier and safer for people to trade options and help people avoid some risky ways of trading outside the regular market.

  • Type:Notice
    Citation:89 FR 106648
    Reading Time:about 31 minutes

    The Cboe BZX Exchange, Inc. has proposed a new rule to the Securities and Exchange Commission (SEC) to list and trade shares of the BondBloxx Private Credit Trust under BZX Rule 14.11(f), which governs Trust Issued Receipts. This Trust aims to provide returns through distributions of current income by investing in diverse consumer and small business loans and other related assets. It will maintain a portion of its investments in liquid assets to manage redemptions efficiently. The Exchange claims that this rule change will enhance competition in the market to benefit investors.

    Simple Explanation

    The Cboe BZX Exchange wants to let people buy and sell shares in something called the BondBloxx Private Credit Trust, which is like a special money jar that makes money by lending to people and businesses. This will let more people join and try to make money in different ways, while also keeping some money ready for anyone who wants to take their savings out quickly.