The U.S. SEC is soliciting public comments on the NYSE Arca's 85% asset rule proposal, which could impact the listing structure of crypto ETFs.

Golden Finance reports that on April 28, the U.S. Securities and Exchange Commission (SEC) issued a notice seeking public comment on rule changes proposed by NYSE Arca.
The proposal requires that at least 85% of the assets in commodity trust shares meet existing eligibility standards, with derivatives calculated based on their notional total value.
Eligible assets include assets such as Bitcoin, Ethereum, Solana, and XRP that have been traded on designated markets for futures for at least six months and have exchange-traded products offering significant exposure, while NFTs and collectibles are explicitly excluded.
If a trust holds Bitcoin and Bitcoin ETF over-the-counter call options, only about 71% of the exposure would meet the requirements and would not pass.
The proposal aims to allow more products to be listed while restricting most exposures to monitorable assets.
The SEC can approve, reject, or initiate related procedures during the review period.

BTC-1.78%
ETH-1.89%
SOL-2.32%
XRP-2.18%
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