Cboe’s BZX Exchange and NYSE Arca have submitted proposals to the U.S. Securities and Exchange Commission (SEC) to eliminate the individual 19b-4 approval requirement for cryptocurrency exchange-traded funds (ETFs). This initiative targets regulatory efficiency by establishing a standardized listing framework,… Read More »Cboe and NYSE Arca Propose Rule Changes to Streamline Crypto ETF Listings
The U.S. Securities and Exchange Commission (SEC) has halted the approval process for Bitwise’s 10 Crypto Index Fund ETF shortly after initially granting it, invoking Rule 431 to trigger a full Commission review. The suspended ETF aimed for diversified crypto… Read More »SEC Suspends Bitwise Crypto ETF Approval for Full Commission Review
South Korea’s Financial Supervisory Service (FSS) has issued informal guidance urging asset managers to reduce holdings in cryptocurrency-linked exchange-traded funds (ETFs). This advisory reinforces longstanding restrictions adopted in 2017 but coincides with the country’s gradual move toward institutional crypto investment… Read More »South Korea’s Financial Regulator Advises Asset Managers to Limit Crypto ETF Exposure Amid Market Opening