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NYSE Arca applies for listing and trading of "Puxin Financial Active Cryptocurrency ETF"
Golden Finance reports that on April 25, the U.S. Securities and Exchange Commission (SEC) announced that NYSE Arca has proposed to amend rules to apply for listing and trading the “Puxin Financial Active Crypto ETF.”
This fund will primarily invest in a diversified basket of 5 to 15 cryptocurrencies including Bitcoin, Ethereum, and other digital assets, and hold USDC stablecoins as tokenized cash, aiming for long-term capital growth through active strategies.
The SEC is currently soliciting public comments on this proposal.