Summary
- Nasdaq announced a proposal for new rules that would allow the listing and trading of cryptocurrency-based investment returns.
- It was reported that the investment objectives and strategies of the HashDex Nasdaq Crypto Index US ETF, currently listed under different regulations, could be modified.
- Nasdaq's new rule proposal could expand the diversity of investment products including cryptocurrencies.
According to The Block, a cryptocurrency-focused media outlet, on the 19th (local time), Nasdaq proposed through a review request (19b-4) to add new rules that would allow the listing and trading of investment returns based on cryptocurrencies, cash, derivative securities, and other source-derived products.
This is Nasdaq Rule 5712, which explained that if the regulation takes effect, the investment objectives and strategies of the HashDex Nasdaq Crypto Index US ETF, currently listed under different regulations, will be modified.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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