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.