#secapprovesnasdaqtexascommoditytrustrule
đïžđ„ The U.S. Securities and Exchange Commission (SEC) approves the âNasdaq Texasâ rule for a commodity trust fund: a bigger signal for the crypto-assets sector? đ„đïž
The trading floor is quiet. The screens flash, investors wait, and thenâonto the stageâarrives a regulatory decision that may quietly change the way digital assets enter traditional markets.
On September 3, the SEC approved an amendment to the proposed âNasdaq Texasâ Rule 5711(d), to change the general listing criteria for âCommodity-Related Trust Shares.â
As for the change, it isnât just a minor update to listing rules. Rather, it introduces a definition for âdigital commodity,â and allows the listing of shares in actively managed commodity trust funds. It also allows that up to 15% of holdings be used to include certain assets outside the standard eligibility criteria.
This difference matters. The approval doesnât mean the SEC suddenly announced that every referenced crypto asset is a commodity. Instead, it sets a clearer framework for existing investment products tied to commodities that meet the requirements.
My take: The bigger story is the infrastructure. When exchange rules become more flexible toward digital asset products, the gap between crypto markets and traditional capital markets can shrink.
Please follow up
#CryptoRegulation #XRP #GrowWithSAC $BTC $ETH $XRP
#SECApprovesNasdaqTexasCommodityTrustRule
đïžđ„ The U.S. Securities and Exchange Commission (SEC) approves the âNasdaq Texasâ rule for a commodity trust fund: a bigger signal for the crypto-assets sector? đ„đïž
The trading floor is quiet. The screens flash, investors wait, and thenâonto the stageâarrives a regulatory decision that may quietly change the way digital assets enter traditional markets.
On September 3, the SEC approved an amendment to the proposed âNasdaq Texasâ Rule 5711(d), to change the general listing criteria for âCommodity-Related Trust Shares.â
As for the change, it isnât just a minor update to listing rules. Rather, it introduces a definition for âdigital commodity,â and allows the listing of shares in actively managed commodity trust funds. It also allows that up to 15% of holdings be used to include certain assets outside the standard eligibility criteria.
This difference matters. The approval doesnât mean the SEC suddenly announced that every referenced crypto asset is a commodity. Instead, it sets a clearer framework for existing investment products tied to commodities that meet the requirements.
My take: The bigger story is the infrastructure. When exchange rules become more flexible toward digital asset products, the gap between crypto markets and traditional capital markets can shrink.
Please follow up
#CryptoRegulation #XRP #GrowWithSAC $BTC $ETH $XRP
#SECApprovesNasdaqTexasCommodityTrustRule