CBOE Proposes Changes to Franklin Bitcoin ETF Rules

PANews reported on May 7 that the Chicago Board Options Exchange (CBOE) proposed to amend the rules for the Franklin Bitcoin ETF listed and traded on its exchange. The amendment aims to adjust the time when purchase orders for cash transactions to create baskets must be submitted. The proposal is based on BZX Rule 14.11(E)(4), and the specific details have not yet been disclosed, but the move may affect traders' timing when making ETF purchases.