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🔥NYSE Arca applies for listing and trading of "Puxin Financial Active Cryptocurrency ETF"
On April 25th, the SEC announced that NYSE Arca has proposed to amend rules to list and trade the "Puxin Financial Active Cryptocurrency ETF."
The fund will primarily invest in a diversified basket of 5 to 15 cryptocurrencies (including Bitcoin, Ethereum, etc.) and hold USDC stablecoin as tokenized cash, aiming for long-term capital growth through an active strategy.
The SEC is currently soliciting public comments on this proposal.
#btc #eth #usdc