BlackRock, Nasdaq, and SEC Hold Second Meeting to Discuss Bitcoin ETF Listing Rules

Benzinga 2023-12-20

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Representatives from BlackRock, Nasdaq, and the SEC met for the second time in a month to discuss rule changes necessary to list a Bitcoin ETF. The discussion focused on Nasdaq Rule 5711(d), which establishes criteria for listing and trading Commodity-Based Trust Shares, including initial and continued listing requirements as well as surveillance measures. This aims to address SEC concerns around market manipulation risks associated with crypto trading.

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