Search Results for keywords:"CoinShares Litecoin ETF"

The Securities and Exchange Commission (SEC) is reviewing a proposed rule change submitted by the Nasdaq Stock Market to allow the listing and trading of shares for the CoinShares Litecoin ETF. This proposal was originally filed on February 7, 2025, and published in the Federal Register on February 25, 2025. Although the SEC initially had 45 days to make a decision on the proposal, it has extended the deadline to May 26, 2025, to allow more time to consider the proposal and the issues it raises.

Nasdaq Stock Market LLC filed a proposed rule change with the SEC to list and trade shares of the CoinShares Litecoin ETF under Nasdaq Rule 5711(d), which focuses on Commodity-Based Trust Shares. The CoinShares Litecoin ETF will allow investors to gain exposure to Litecoin, a digital currency. The proposal outlines how the ETF will operate, including its investment objective, valuation, and security measures for safeguarding the digital currency. The SEC is seeking public comments on this proposed rule change before making a decision to approve or disapprove it.