Representatives from #BlackRock’s ( BLK), #NASDAQ , and the Securities and Exchange Commission (#SEC ) met for the second time in a month to discuss rule changes that are necessary to list the #Bitcoin ($BTC ) Exchange Traded Funds (#ETF 's), according to published memo.
NASDAQ Rule 5711(d) establishes specific criteria and regulatory guidelines for the listing and trading of Commodity - Based Trust Shares on the NASDAQ Exchange, and detailing the requirements for initial and continued listing, along with surveillance and compliance measures to ensure market integrity and protection against fraudulent activities.