[Federal Register Volume 90, Number 50 (Monday, March 17, 2025)]
[Notices]
[Pages 12371-12372]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2025-04163]


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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-102582; File No. SR-NYSEARCA-2025-09]


Self-Regulatory Organizations; NYSE Arca, Inc.; Notice of 
Designation of a Longer Period for Commission Action on a Proposed Rule 
Change, as Modified by Amendment No. 1, To List and Trade Shares of the 
Grayscale Dogecoin Trust Under NYSE Arca Rule 8.201-E (Commodity-Based 
Trust Shares)

March 11, 2025.
    On January 31, 2025, NYSE Arca, Inc. (``NYSE Arca'') filed with the 
Securities and Exchange Commission (``Commission''), pursuant to 
Section 19(b)(1) of the Securities Exchange Act of 1934 (``Act'') \1\ 
and Rule 19b-4 thereunder,\2\ a proposed rule change to list and trade 
shares of the Grayscale Dogecoin Trust under NYSE Arca Rule 8.201-E 
(Commodity-Based Trust Shares). On February 10, 2025, the Exchange 
filed Amendment No. 1 to the proposed rule change, which replaced and 
superseded the original filing in its entirety. The proposed rule 
change, as modified by Amendment No 1, was published for comment in the 
Federal Register on February 20, 2025.\3\
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    \1\ 15 U.S.C. 78s(b)(1).
    \2\ 17 CFR 240.19b-4.
    \3\ See Securities Exchange Act Release No. 102416 (Feb. 13, 
2025), 90 FR 9985. Comments received on the proposed rule change are 
available at: https://www.sec.gov/comments/sr-nysearca-2025-09/srnysearca202509.htm.

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[[Page 12372]]

    Section 19(b)(2) of the Act \4\ 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 as the Commission may designate 
if it finds such longer period to be appropriate and publishes its 
reasons for so finding or 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 April 6, 2025. The Commission is extending this 45-day time period.
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    \4\ 15 U.S.C. 78s(b)(2).
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    The Commission finds it appropriate to designate a longer period 
within which to take action on the proposed rule change, as modified by 
Amendment No. 1, so that it has sufficient time to consider the 
proposed rule change and the issues raised therein. Accordingly, the 
Commission, pursuant to Section 19(b)(2) of the Act,\5\ designates May 
21, 2025, as the date by which the Commission shall either approve or 
disapprove, or institute proceedings to determine whether to 
disapprove, the proposed rule change, as modifiedy by Amendment No. 1 
(File No. SR-NYSEARCA-2025-09).
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    \5\ 15 U.S.C. 78s(b)(2).

    For the Commission, by the Division of Trading and Markets, 
pursuant to delegated authority.\6\
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    \6\ 17 CFR 200.30-3(a)(31).
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Sherry R. Haywood,
Assistant Secretary.
[FR Doc. 2025-04163 Filed 3-14-25; 8:45 am]
BILLING CODE 8011-01-P