ChainCatcher news, official news, Bitwise announced that the New York Stock Exchange (NYSE Arca) has submitted an application to launch a Bitwise exchange-traded product (ETP) that will cover investments in both spot Bitcoin and Ethereum, weighted by market capitalization. According to the documents, this ETP will directly hold these two assets.The launch of this ETP is pending the approval of the 19b-4 application and the effectiveness of the S-1 registration statement.

ChainCatcher news, according to The Block, the U.S. SEC has again postponed its decision on whether to approve the request for listing spot Ethereum ETF options on the New York Stock Exchange (NYSE).In the submitted documents, the SEC stated that the delay is intended for further analysis and public opinion, particularly regarding whether the proposed rule changes meet the requirements of the Securities Exchange Act.The SEC emphasized concerns about the potential impact of the proposal on preventing market manipulation, protecting investors, and ensuring a fair trading system, which fall under the provisions of Section 6(b)(5) of the Securities Exchange Act.

ChainCatcher news, the NYSE Arca has submitted an application to the U.S. Securities and Exchange Commission (SEC) to adopt the new rule 8.800-E, which will allow the listing and trading of investment products based on commodities and digital assets. At the same time, the exchange specifically proposed to list and trade shares of Grayscale's Grayscale Digital Large Cap Fund under this new rule.Previous news, Grayscale applied to the U.S. Securities and Exchange Commission on October 15 to convert its Digital Large Cap Fund into an ETF, which is primarily composed of Bitcoin (accounting for nearly 75%) and Ethereum (approximately 19%), with the remainder including SOL, XRP, and AVAX.

ChainCatcher news, according to Coindesk, based on two memos released by the U.S. Securities and Exchange Commission, the New York Stock Exchange will be allowed to list and trade options for the Grayscale Bitcoin Trust (GBTC), Grayscale Bitcoin Mini Trust (BTC), and Bitwise Bitcoin ETF (BITB).Cboe Global Markets has been approved to list and trade options for the Fidelity Wise Origin Bitcoin Fund (FBTC) and ARK 21Shares Bitcoin ETF (ARKB). A few weeks ago, the U.S. Securities and Exchange Commission approved Nasdaq's rule proposal allowing options for BlackRock's iShares Bitcoin Trust (IBIT) to be listed and traded.Many market participants believe that options trading on Bitcoin ETFs will increase institutional interest in cryptocurrencies and enhance overall liquidity.

ChainCatcher news, according to Cointelegraph, blockchain service solution provider SOS Limited has received a non-compliance notice from the New York Stock Exchange (NYSE) due to poor stock performance. The trading price of its American Depositary Shares (ADS) has fallen below $1 for 30 consecutive trading days. According to legal requirements, SOS must restore its stock price and average stock price to above $1 within six months, or it risks being suspended and delisted from the New York Stock Exchange.This non-compliance notice will not have a direct impact on the listing of the company's American Depositary Receipts, and during the six-month remedy period, as long as it meets the other listing requirements of the New York Stock Exchange, the company's American Depositary Receipts will continue to be traded on the New York Stock Exchange.

ChainCatcher news, according to Cointelegraph, a document dated August 13 shows that the New York Stock Exchange (NYSE) Arca electronic trading platform has withdrawn a proposed rule change made in January this year that would allow the listing and trading of options based on commodity trusts, including options based on cryptocurrency ETFs like Grayscale's GBTC. This is the latest in a series of regulatory activities surrounding cryptocurrency ETF options.Previous news, the Chicago Board Options Exchange (CBOE) has withdrawn its original application for spot Bitcoin ETF options and submitted a more comprehensive version.

ChainCatcher news, according to Cointelegraph, the New York Stock Exchange's U.S. division has requested the U.S. Securities and Exchange Commission (SEC) to approve its listing and trading of options products based on three Bitwise and Grayscale Ethereum ETFs.

ChainCatcher news, Grayscale and Bitwise jointly submitted a rule change proposal to the U.S. Securities and Exchange Commission (SEC) to allow trading of options on the Bitwise Ethereum ETF, Grayscale Ethereum Trust, and Grayscale Ethereum Mini Trust.The filing states that these options will provide investors with an additional, relatively low-cost investment tool, while serving as a hedging instrument to meet investors' demand for Ethereum products and positions. The public comment period for the proposal will expire in 21 days. Several companies are also seeking trading approval for spot Bitcoin ETF options, but have not yet been granted approval.

ChainCatcher news, Bitwise President Teddy Fusaro posted on the X platform that the Bitwise Ethereum ETF banner has risen on the iconic exterior wall of the New York Stock Exchange.Investor Balaji Srinivasan commented on this: "The flag of ETH is flying over Wall Street. The SEC has surrendered to a more powerful regulatory body. Because now Ethereum provides standardized market access for all internet participants. The network has triumphed over the state."

ChainCatcher news, according to Cointelegraph, Grayscale has confirmed that its two spot Ethereum ETFs have officially begun trading on the New York Stock Exchange, marking a "milestone" moment for its investors and the broader ETF market.Grayscale Managing Director John Hoffman stated in a statement: "ETH and ETHE will allow investors to invest in the potential of Ethereum to create markets, transform the financial system, leverage DeFi, and drive innovation through trusted ETP-wrapped products without the need to directly purchase, store, or manage Ethereum."

ChainCatcher news, according to Caixin, the NYSE Equities exchange stated in an email that trading halts caused by erroneous price ranges may be deemed invalid. The Limit Up-Limit Down (LULD) halts were due to the CTA SIP publishing incorrect ranges; the situation of the LULD halts between 9:30 AM and 10:27 AM Eastern Time (9:30 PM to 10:27 PM Beijing Time) is being assessed.

ChainCatcher news, the NYSE has resumed trading for some suspended stocks, with Bank of Montreal and Barrick Gold resuming trading, currently down 0.66% and up 0.32% respectively.

ChainCatcher message, suspected technical failure at the New York Stock Exchange, multiple stocks have dropped over 99%.The New York Stock Exchange has released a technical issue report, stating that it is currently investigating a reported technical problem and will provide more information as soon as possible.

ChainCatcher news, according to market news, the New York Stock Exchange announced a partnership with Coindesk Indices to launch a financial product that tracks the spot price of Bitcoin.

ChainCatcher news, Bitcoin wallet developer Exodus Movement announced on Monday that the company has been approved to list its common stock on the New York Stock Exchange.Exodus CEO and co-founder JP Richardson stated, "Our common stock has been tokenized on the Algorand (ALGO) blockchain, making us the only company in the U.S. to tokenize common stock on the blockchain."

ChainCatcher news, according to the Financial Times on Monday (April 22), the New York Stock Exchange (NYSE) is conducting a survey of market participants regarding "around-the-clock 24-hour trading."The Financial Times explains that part of the reason for this discussion is the 24/7 trading of cryptocurrencies, as well as the increase in retail investor activity triggered by the COVID-19 pandemic lockdowns.It is reported that this survey is being conducted by its data analysis team rather than its management, but it highlights the growing interest in overnight trading of companies like NVIDIA or Apple between 8 PM and 4 AM Eastern Time.

ChainCatcher news, according to The Block, Bakkt faces the risk of delisting from the New York Stock Exchange (NYSE) as its stock price falls below the $1 threshold. Bakkt is a cryptocurrency platform created by the Intercontinental Exchange (ICE), which owns two-thirds of its shares.Bakkt announced on Wednesday that the New York Stock Exchange issued a notice stating that "the company does not comply with the provisions of Section 802.1 C of the NYSE Listed Company Manual. Because as of March 12, 2024, the average closing price of the company's Class A common stock has been below $1.00 per share for a consecutive 30-day trading period. This notice will not immediately result in the delisting of its common stock from the New York Stock Exchange."It is reported that on March 13, Bakkt responded to the New York Stock Exchange, stating its intention to address the issue of its stock price being below $1 and to restore compliance with the NYSE's continued listing standards. Bakkt's stock closed at $0.5978 on Wednesday, with a market capitalization of only $80 million, far below the trading price of $40 per share in October 2021.

ChainCatcher news, according to Bitcoin Archive, the Grayscale Bitcoin ETF has conducted its first pre-market trading on the New York Stock Exchange (NYSE).

ChainCatcher news, according to MarketWatch, the New York Stock Exchange (NYSE) announced the delisting process for Silvergate stock due to delayed financial reports.ChainCatcher previously reported that Silvergate announced it would lay off approximately 230 employees, with an expected total cost of about $13.6 million, and has completed the sale of all debt securities. (source link)

ChainCatcher news, the New York Stock Exchange will suspend trading of crypto-friendly bank Silvergate (SI.N) and initiate delisting procedures. (Source link)