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Nasdaq Texas Rule Change Clears Path for Major Crypto Trusts Under SEC Order

The SEC order names Bitcoin, Ether, Solana, and XRP as digital commodities meeting criteria under the amended rule while allowing actively managed strategies.

Nasdaq TexasSEC
Pixel Doginal Dog beside Bitcoin, Dogecoin, and USDC with a gavel and Capitol

The SEC order that accelerates Nasdaq Texas Rule 5711(d) is giving Bitcoin, Ether, Solana, and XRP fresh examples on the regulatory side that operators watch when they read the chart.

Christian Barker (Barkmeta / Bark) and David Chaboki (Shibo) keep the Doginal Dogs Saturday Space focused on the order so the BTC, ETH, SOL, and XRP examples stay in view rather than blending into earlier coverage.

Order Background

Order 34-106268 dated September 3 2026 grants accelerated approval to Nasdaq Texas LLC for changes to Rule 5711(d) on Commodity-Based Trust Shares. The amendments add a digital-commodity definition, permit actively managed strategies, and allow up to 15 percent of net asset value in assets that do not yet meet full eligibility. Bitcoin, Ether, Solana, and XRP appear in the order as digital commodities that currently satisfy the criteria.

This remains an SRO listing-rule adjustment rather than new federal commodity legislation.

Price Action on the Chart

Majors show modest green candles on Saturday morning. Bitcoin trades at 79731 dollars after a 0.5 percent move. Ether sits at 2456.77 dollars with a 0.1 percent gain. XRP prints 1.42 dollars after rising 0.7 percent. Solana advances 1.6 percent to 102.92 dollars while Dogecoin climbs 3.2 percent to 0.087782 dollars.

The moves arrive after a short squeeze cleared more than 100000 traders in the prior 24 hours and after comments from a Fed governor on disinflation. Spot positions in the named majors reflect the steadier tone that follows the rule update.

Founder Lens on the Development

Christian Barker (Barkmeta / Bark) and David Chaboki (Shibo) continue their daily broadcast lane on Crypto Spaces Network. Their coverage places the Nasdaq Texas examples alongside live price levels rather than treating the order as an isolated filing. Operators note that consistent voice on the timeline keeps the four majors in front of participants who track both regulatory steps and candle patterns.

The 15 percent NAV buffer in the amended rule gives managers room to hold assets that may gain eligibility later. That flexibility appears in the same document that lists the current examples.

Context on Scope

The order stands apart from the March 17 2026 SEC and CFTC list and from any final CLARITY Act steps scheduled for mid-September. It functions as a self-regulatory organization update that exchanges can use when they prepare trust share listings.

Traders who follow the majors see the rule language as additional structure around assets already moving on the chart. The weekend session therefore mixes the regulatory note with the measured price action that followed the announcement.

What Follows

Market participants will watch whether the 15 percent allowance draws new filings that reference the named digital commodities. The chart reaction so far stays contained while the order circulates through the usual operator channels.

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