SECURITIES AND EXCHANGE COMMISSION ISSUES NOTICE: SELF-REGULATORY ORGANIZATIONS; NASDAQ STOCK MARKET LLC; ORDER INSTITUTING PROCEEDINGS TO DETERMINE WHETHER TO APPROVE OR DISAPPROVE A PROPOSED RULE CHANGE TO AMEND THE RULES GOVERNING THE LISTING AND TRADING OF SHARES OF THE ISHARES BITCOIN TRUST TO PERMIT IN-KIND CREATIONS AND REDEMPTIONS UNDER NASDAQ RULE 5711(D) (COMMODITY-BASED TRUST SHARES)

WASHINGTON, May 19 -- Securities And Exchange Commission has issued a notice called: Self-Regulatory Organizations; Nasdaq Stock Market LLC; Order Instituting Proceedings To Determine Whether To Approve or Disapprove a Proposed Rule Change To Amend the Rules Governing the Listing and Trading of Shares of the iShares Bitcoin Trust To Permit In-Kind Creations and Redemptions Under Nasdaq Rule 5711(d) (Commodity-Based Trust Shares).

The notice was published in the Federal Register on May 19 by Sherry R. Haywood, Assistant Secretary.

The full text of the notice can be found at: http://www.gpo.gov/fdsys/pkg/FR-2025-05-19/html/2025-08848.htm

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