Search Results for keywords:"digital asset trading"

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Search Results: keywords:"digital asset trading"

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  • 2025-02820 — Self-Regulatory Organizations; NYSE Arca, Inc.; Notice of Filing of Proposed Rule Change, as Modified by Amendment No. 1, To List and Trade Shares of the Grayscale Dogecoin Trust Under NYSE Arca Rule 8.201-E (Commodity-Based Trust Shares)
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    Type:Notice
    Citation:90 FR 9985
    Reading Time:about 85 minutes

    The Securities and Exchange Commission (SEC) received a proposed rule change from NYSE Arca, Inc. to list and trade shares of the Grayscale Dogecoin Trust. This trust aims to offer a simpler way for people to invest in Dogecoin through trading shares, without directly dealing with the cryptocurrency. The process ensures transparency by using a dependable pricing index and includes several safety measures to prevent fraud and manipulation. The SEC has invited public feedback on this proposal to help decide if it should be approved.

    Simple Explanation

    The Securities and Exchange Commission is thinking about a new plan where people could buy shares to own a little piece of a Dogecoin Trust, which makes it easier and safer to invest in Dogecoin without touching it directly. They want to make sure it’s fair and safe, so they are asking people for their thoughts before deciding if this plan should go ahead.

  • 2025-02686 — Self-Regulatory Organizations; Cboe BZX Exchange, Inc.; Notice of Filing of a Proposed Rule Change To List and Trade Shares of the VanEck Solana Trust, Under BZX Rule 14.11(e)(4), Commodity-Based Trust Shares
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    Type:Notice
    Citation:90 FR 9746
    Reading Time:about 58 minutes

    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.

    Simple Explanation

    The Cboe BZX Exchange wants to make it possible to buy and sell a type of "special stock" called the VanEck Solana Trust, which is connected to a computer money called Solana. They say this will be safe and clear for people to invest in, and they are asking others to share their thoughts before deciding if it's a good idea.