2026-07038NoticeWallet

Nasdaq Simplifies Rules for Bitcoin and Ethereum ETFs

Published Date: 4/13/2026

Notice

Summary

Nasdaq is updating the rules for the iShares Bitcoin Trust ETF and iShares Ethereum Trust ETF so they can follow simpler, generic listing standards by the third quarter of 2026. This change affects investors and fund managers by making the ETFs easier to manage and potentially more flexible. The update is effective immediately, signaling a smooth and speedy transition with no direct cost impact announced.

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Analyzed Economic Effects

1 provisions identified: 1 benefits, 0 costs, 0 mixed.

iShares Bitcoin & Ethereum ETFs Move Dates

Nasdaq extended the date by which the iShares Bitcoin Trust ETF (IBIT) and iShares Ethereum Trust ETF (ETHA) will switch to the Generic Listing Standards in Rule 5711(d) from Q1 2026 to Q3 2026. The change is operative upon filing (filed March 31, 2026); once switched, any listing requirements in the original IBIT and ETHA filings that differ from Rule 5711(d) will no longer apply and the funds must follow the continued listing standards in Rule 5711(d). The filing notes this makes the ETFs easier to manage and potentially more flexible, and no direct cost impact is announced.

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Key Dates

Effective Date
Published Date
3/31/2026
4/13/2026

Department and Agencies

Department
Independent Agency
Agency
Securities and Exchange Commission
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