[Federal Register Volume 89, Number 162 (Wednesday, August 21, 2024)]
[Notices]
[Page 67682]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2024-18703]


-----------------------------------------------------------------------

SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-100738; File No. SR-ISE-2024-14]


Self-Regulatory Organizations; Nasdaq ISE, LLC; Notice of 
Withdrawal of Proposed Rule Change To Amend ISE Options 4, Section 3 To 
List and Trade Options on Units That Represent Interests in a Trust 
That Holds Bitcoin

August 15, 2024.
    Pursuant to Section 19(b)(1) of the Securities Exchange Act of 1934 
(``Act'') \1\ and Rule 19b-4 thereunder,\2\ Nasdaq ISE, LLC 
(``Exchange'') filed with the Securities and Exchange Commission 
(``Commission'') a proposed rule change to amend Options 4, Section 
3(h) to allow the Exchange to list and trade options on units that 
represent interests in a trust that holds bitcoin (``Proposal'').
---------------------------------------------------------------------------

    \1\ 15 U.S.C. 78s(b)(1).
    \2\ 17 CFR 240.19b-4.
---------------------------------------------------------------------------

    On March 25, 2024, the Proposal was published for comment in the 
Federal Register.\3\ On April 24, 2024, the Commission instituted 
proceedings under Section 19(b)(2)(B) of the Act \4\ to determine 
whether to approve or disapprove the Proposal.\5\ The Commission 
received comments addressing the Proposal.\6\
---------------------------------------------------------------------------

    \3\ See Securities Exchange Act Release No. 99776 (Mar. 19, 
2024), 89 FR 20717.
    \4\ 15 U.S.C. 78s(b)(2)(B).
    \5\ See Securities Exchange Act Release No. 100024 (Apr. 24, 
2024), 89 FR 34290 (Apr. 30, 2024).
    \6\ Comment letters on the Proposal are available at https://www.sec.gov/comments/sr-ise-2024-14/srise202414.htm.
---------------------------------------------------------------------------

    On July 19, 2024, the Commission designated a longer time for 
Commission action on the Proposal.\7\ On August 13, 2024, the Exchange 
withdrew the Proposal (SR-ISE-2024-14).
---------------------------------------------------------------------------

    \7\ See Securities Exchange Act Release No. 100567 (Jul. 19, 
2024), 89 FR 60482 (Jul. 25, 2024).
---------------------------------------------------------------------------

    For the Commission, by the Division of Trading and Markets, 
pursuant to delegated authority.\8\
---------------------------------------------------------------------------

    \8\ 17 CFR 200.30-3(a)(12).

Sherry R. Haywood,
Assistant Secretary.
[FR Doc. 2024-18703 Filed 8-20-24; 8:45 am]
BILLING CODE 8011-01-P