Key Takeaways
The U.S. SEC approved a Nasdaq Texas rule change adding a digital commodity definition and allowing actively managed crypto ETPs.
According to reporting by BlockchainReporter, the U.S. Securities and Exchange Commission approved a Nasdaq Texas rule change on September 3, 2026. The commission order grants accelerated approval to a filing from Nasdaq Texas LLC amending Rule 5711(d) regarding Commodity-Based Trust Shares.
As reported by BlockchainReporter, the amendment introduces a formal definition of a digital commodity, allowing commodity-based trust shares to hold up to 15% of their net asset value in assets that do not meet existing eligibility requirements, provided they are digital commodities or certain securities. Additionally, the rule change removes the passive-management requirement to enable actively managed crypto trust shares to list.
The definition specifies that a digital commodity derives its value from the programmatic operation of a functional crypto system and from supply and demand, rather than managerial efforts. The order cites Bitcoin, Ether, Solana, and XRP as assets that already qualify as eligible commodities. BlockchainReporter noted that the proposal is materially identical to a rule previously approved for The Nasdaq Stock Market in July 2026.
Source & Fact-Check Note
This report is synthesized from coverage by BlockchainReporter. Information has been fact-checked and structured for market clarity by CoinQuickly’s research desk.
Read original article at BlockchainReporter ↗
