SEC Seeks Comment on NYSE Proposal for 85% NAV in Crypto ETF Assets Including XRP
The U.S. Securities and Exchange Commission (SEC) is seeking comments on the New York Stock Exchange’s (NYSE) proposed rule change for crypto ETFs. The Exchange is seeking to amend the generic listing standards, proposing that these crypto funds should hold 85% of their net asset value (NAV) in assets eligible under the listing standards, such
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