NYSE Submits Rule Change Request for Trump Bitcoin, Ethereum ETF Listing

The New York Stock Exchange (NYSE) has officially filed a request with the U.S. Securities and Exchange Commission (SEC) to modify its rules, potentially paving the way for the listing and trading of a Bitcoin and Ethereum exchange-traded fund (ETF) proposed by Donald Trump’s company. The request, recently submitted, aims to enable the trading of fund shares for both individual and institutional investors. This move follows recent developments in the cryptocurrency market, where Bitcoin ETFs have seen a significant increase in interest and investment. The filing asserts that the proposed ETF will adhere to all applicable regulations and standards, including transparency and disclosure requirements. If the proposed amendment is approved, it could lead to a significant increase in cryptocurrency liquidity and make it more accessible to traditional investors. The SEC is expected to carefully review the request before making a decision on whether to approve it. This could take several weeks or months, as the Commission considers all relevant factors, including investor protection and market integrity.