34 95257 PDF
34 95257 PDF
34 95257 PDF
On May 13, 2022, Cboe BZX Exchange, Inc. (“BZX”) filed with the Securities and
Act of 1934 (“Act”)1 and Rule 19b-4 thereunder,2 a proposed rule change to list and trade shares
of the ARK 21Shares Bitcoin ETF under BZX Rule 14.11(e)(4), Commodity-Based Trust
Shares. The proposed rule change was published for comment in the Federal Register on June 1,
2022.3 The Commission has received no comments on the proposed rule change.
Section 19(b)(2) of the Act4 provides that within 45 days of the publication of notice of
the filing of a proposed rule change, or within such longer period up to 90 days (i) as the
Commission may designate if it finds such longer period to be appropriate and publishes its
reasons for so finding or (ii) as to which the self-regulatory organization consents, the
Commission shall either approve the proposed rule change, disapprove the proposed rule change,
or institute proceedings to determine whether the proposed rule change should be disapproved.
The 45th day after publication of the notice for this proposed rule change is July 16, 2022. The
1
15 U.S.C. 78s(b)(1).
2
17 CFR 240.19b-4.
3
See Securities Exchange Act Release No. 94982 (May 25, 2022), 87 FR 33250.
4
15 U.S.C. 78s(b)(2).
The Commission finds that it is appropriate to designate a longer period within which to
take action on the proposed rule change so that it has sufficient time to consider the proposed
rule change and the issues raised therein. Accordingly, pursuant to Section 19(b)(2) of the Act,5
the Commission designates August 30, 2022, as the date by which the Commission shall either
For the Commission, by the Division of Trading and Markets, pursuant to delegated
authority.6
J. Matthew DeLesDernier,
Assistant Secretary.
5
Id.
6
17 CFR 200.30-3(a)(31).
2