The U.S. SEC is seeking public comments on the New York Stock Exchange (NYSE) Arca’s 85% asset rule proposal, which may affect the listing structure of crypto ETFs.

Mars Finance News reports, citing Bitcoin.com, that the U.S. Securities and Exchange Commission (SEC) has issued a notice seeking public comments on proposed rule changes submitted by NYSE Arca. The proposal requires that at least 85% of the assets in commodity trust shares meet the existing eligibility standards, and that derivatives be calculated based on their notional total value. Eligible assets include assets such as Bitcoin, Ethereum, Solana, and XRP that have been trading futures on designated markets for at least six months and have significant exposure through exchange-traded products, while NFTs and collectibles are explicitly excluded. If a trust holds Bitcoin and over-the-counter call options on a Bitcoin ETF, only about 71% of the exposure would meet the requirements, and it would not pass. The proposal aims to allow more products to be listed while limiting most exposure to within a range of assets that can be monitored. During the review period, the SEC may approve, reject, or initiate the relevant procedures.