In a news update, it has been reported that the Chicago Board Options Exchange (CBOE) has submitted a proposal to the U.S. Securities and Exchange Commission (SEC) to amend the rules for the listing and trading of the Franklin Bitcoin ETF on its exchange. The proposed amendment aims to adjust the timeframe for submitting purchase orders for cash-settled creation baskets. The details of the proposal, which falls under BZX Rule 14.11(E)(4), have not been disclosed yet but it may impact the timing arrangements for traders purchasing the ETF.
