SEC Approves CBOE, Nasdaq and NYSE to Fast-Track Spot Bitcoin ETP Listings Under Universal Standards

COINOTAG reported Sept. 18 that the U.S. Securities and Exchange Commission (SEC) has approved standardized listing processes enabling the CBOE, Nasdaq and the New York Stock Exchange (NYSE) to accelerate listings of exchange-traded products (ETPs) tracking spot commodities such as gold and Bitcoin. The authorization permits trust-based securities to list provided they meet the SEC’s approved universal listing standards, a procedural change aimed at streamlining market entry and improving capital market efficiency. SEC Chairman Paul Atkins characterized the development as expanding investor choice and facilitating product innovation, while market participants are advised to review prospectus disclosures and regulatory compliance before listing or investing.

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