Cboe BZX Exchange Amends Franklin Ethereum ETF Trading Standards
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The Cboe BZX Exchange has updated the trading framework for the Franklin Ethereum ETF, allowing it to operate under new generic listing standards for commodity-based trust shares. This transition facilitates continued trading and aims to enhance market competition, ultimately benefiting investors.
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Key Changes
- Transition to new generic listing standards for the Franklin Ethereum ETF
- Allows continued trading on the Cboe BZX Exchange under updated rules
- Aims to boost competition and benefit investors in the market
Obligations
What this law requires
The Franklin Ethereum ETF must comply with the continued listing requirements set forth in Amended Rule 14.11(e)(4).
Cboe BZX Exchange, Inc. must ensure that the Franklin Ethereum ETF complies with the continued listing requirements set forth in Amended Rule 14.11(e)(4).
The Cboe BZX Exchange must ensure that the Franklin Ethereum ETF operates under the generic listing standards for commodity-based trust shares as approved by the Commission.
The Cboe BZX Exchange must transition the Franklin Ethereum ETF to operate under the newly approved generic listing standards for Commodity-Based Trust Shares pursuant to Amended Rule 14.11(e)(4).
Interested persons must submit written comments on the proposed rule change by May 11, 2026.