EconomySEC gives Bitcoin-heavy trusts a new 15% window beyond listing rules
The SEC approved a Nasdaq Texas rule allowing qualifying commodity-linked trusts to place up to 15% of their exposure in specified digital commodities or securities that fail existing eligibility tests, while permitting active management. At least 85% must remain in cash, commodities or other qualifying assets, and sponsors must check compliance daily. The change streamlines listings but does not approve any particular fund.
SEC gives Bitcoin-heavy trusts a new 15% window beyond listing rules
Economy