Self-Regulatory Organizations; MIAX International Securities Exchange LLC; Notice of Withdrawal of Proposed Rule Change To Permit the Exchange To List and Trade Options on Exchange-Traded Fund Shares That Represent Interests in a Trust That Holds Bitcoin

---
identifier: "/us/fr/2024-18073"
source: "fr"
legal_status: "authoritative_unofficial"
title: "Self-Regulatory Organizations; MIAX International Securities Exchange LLC; Notice of Withdrawal of Proposed Rule Change To Permit the Exchange To List and Trade Options on Exchange-Traded Fund Shares That Represent Interests in a Trust That Holds Bitcoin"
title_number: 0
title_name: "Federal Register"
section_number: "2024-18073"
section_name: "Self-Regulatory Organizations; MIAX International Securities Exchange LLC; Notice of Withdrawal of Proposed Rule Change To Permit the Exchange To List and Trade Options on Exchange-Traded Fund Shares That Represent Interests in a Trust That Holds Bitcoin"
positive_law: false
currency: "2024-08-14"
last_updated: "2024-08-14"
format_version: "1.1.0"
generator: "[email protected]"
agency: "Securities and Exchange Commission"
document_number: "2024-18073"
document_type: "notice"
publication_date: "2024-08-14"
agencies:
  - "Securities and Exchange Commission"
fr_citation: "89 FR 66150"
fr_volume: 89
docket_ids:
  - "Release No. 34-100675"
  - "File No. SR-MIAX-2024-03"
---


#  Self-Regulatory Organizations; MIAX International Securities Exchange LLC; Notice of Withdrawal of Proposed Rule Change To Permit the Exchange To List and Trade Options on Exchange-Traded Fund Shares That Represent Interests in a Trust That Holds Bitcoin

Pursuant to Section 19(b)(1) of the Securities Exchange Act of 1934 (“Act”) [^1] and Rule 19b-4 thereunder, [^2] MIAX International Securities Exchange LLC (“MIAX”) filed with the Securities and Exchange Commission (“Commission”) a proposed rule change to permit the Exchange to list and trade options on exchange-traded fund shares 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 January 25, 2024, the Proposal was published for comment in the *Federal Register* . [^3] On March 6, 2024, pursuant to Section 19(b)(2) of the Act, [^4] the Commission designated a longer period within which to approve the Proposal, disapprove the Proposal, or institute proceedings to determine whether to disapprove the Proposal. [^5] On April 24, 2024, the Commission instituted proceedings under Section 19(b)(2)(B) of the Act [^6] to determine whether to approve or disapprove the Proposal. [^7] The Commission received comments addressing the Proposal. [^8]

[^3]*See* Securities Exchange Act Release No. 99397 (Jan. 19, 2024), 89 FR 5079 (SR-MIAX-2024-03).

[^4] 15 U.S.C. 78s(b)(2).

[^5]*See* Securities Exchange Act Release No. 99684 (Mar. 6, 2024), 89 FR 17887 (Mar. 12, 2024).

[^6] 15 U.S.C. 78s(b)(2)(B).

[^7]*See* Securities Exchange Act Release No. 100024 (Apr. 24, 2024), 89 FR 34290 (Apr. 30, 2024).

[^8] Comment letters on the Proposal are available at *https://www.sec.gov/comments/sr-miax-2024-03/srmiax202403.htm.*

On July 19, 2024, the Commission designated a longer time for Commission action on the Proposal. [^9] On August 1, 2024, MIAX withdrew the Proposal (SR-MIAX-2024-03).

[^9]*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. [^10]

[^10] 17 CFR 200.30-3(a)(12).

Sherry R. Haywood,

Assistant Secretary.