2025-22304Notice

Cboe Eases Rules for Franklin Crypto ETF Trading Immediately

Published Date: 12/9/2025

Notice

Summary

The Cboe BZX Exchange is updating the rules for the Franklin Crypto Index ETF so it can be listed and traded under more general standards. This change affects investors and traders by making the ETF easier to buy and sell on the exchange starting immediately, with no extra costs. It’s a smooth move to keep crypto investing simple and accessible!

Analyzed Economic Effects

3 provisions identified: 3 benefits, 0 costs, 0 mixed.

ETF Moves to Generic Listing Standards

If you own or trade the Franklin Crypto Index ETF, the fund will operate under the Exchange’s generic listing standards in Amended Rule 14.11(e)(4) instead of under the prior specific approval order. The Fund must meet and comply with the continued listing requirements of Amended Rule 14.11(e)(4).

Rule Change Effective Immediately

The Exchange filed the proposed rule change on December 1, 2025, and the Commission designated the change to be operative upon filing, waiving the normal 30-day delay. This means the Fund’s transition to Amended Rule 14.11(e)(4) became effective immediately upon the December 1, 2025 filing.

Exchange Says Competition Benefits Investors

The Exchange states that moving the Fund to the generic listing standards will facilitate continued listing and trading of exchange-traded products and that this will enhance competition among market participants to the benefit of investors and the marketplace. The Exchange represents this change as promoting competition and investor protection.

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Key Dates

Effective Date
Published Date
12/1/2025
12/9/2025

Department and Agencies

Department
Independent Agency
Agency
Securities and Exchange Commission
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