NYSE Arca filed an application with the Securities Exchange Commission (SEC) to adopt new Rule 8.800-E, which will allow the listing and trading of investment products based on commodities and digital assets. The exchange also specifically proposed to list and trade shares in the grey release of the Grayscale Digital Large Cap Fund under this new rule.
Previously, Grey Release applied to the Securities Exchange Commission on October 15 to convert its digital large cap fund into an ETF, which is mainly composed of Bitcoin (nearly 75%) and Ethereum (about 19%), with the remainder consisting of SOL, XRP and AVAX.
NYSE submits 8.800-E rule change and grey release to SEC
2024-10-30 11:33:05
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