SEC Approves NYSE American Listing of Multi-Cryptocurrency Asset Commodity Trust Options

2026-04-09 13:21:10

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ME News, April 2 (UTC+8): The U.S. Securities and Exchange Commission (SEC) announced the approval of an application to change rules for the New York Stock Exchange to list options on multi-cryptocurrency commodity trusts. Previously, options were only permitted on commodity trusts holding a single crypto asset; now, the scope has been expanded to support commodity trusts that hold multiple cryptocurrencies. The listing prerequisites are: each cryptocurrency held by the trust must independently meet the high-liquidity requirements—an average daily market value of at least $700 million over the past 12 months—and the derivatives contracts for that cryptocurrency must be traded on a platform with a comprehensive surveillance sharing agreement. Trust shares must meet the trading platform’s initial and ongoing listing standards for ETF options and be classified as NMS stocks. After review, the SEC believes this rule change will give investors greater exposure to and hedging tools for crypto assets, without having to apply for additional SEC approval each time, thereby improving market efficiency. (Source: ChainCatcher)

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