Date: April 2026

Source: Market Updates (NS3.AI)

Nasdaq has made a significant change to the ETF (Exchange Traded Funds) market. According to this new rule, which came into effect on April 7th, Class ETF Shares will be able to use Nasdaq's 'Initial ETP Open' feature on their first trading day.

Key Points of This Change:

Immediate Effect: Nasdaq has implemented this change immediately. This will allow for a smooth opening of new ETFs on the very first day of listing due to improved liquidity.

SEC Role: Although this rule has come into effect, the U.S. SEC (Securities and Exchange Commission) will retain the power to redeem or suspend the issue for the next 60 days.

30-Day Delay: Normally, there is a 30-day operative delay in implementing such a rule, but Nasdaq has requested the SEC to waive this delay so that new shares can be listed without interruption.$BTC $ETH