The SEC has approved updated Texas exchange listing standards and, separately, the listing of 3x bitcoin and ether funds; crypto custody changes remain proposed.

• On October 29, the SEC approved Texas Stock Exchange generic standards for commodity-based trusts, including eligible actively managed products and limited holdings of certain digital commodities. This changes listing criteria, not approval of a particular fund. Comments are due November 24. Order • An October 2 order approved Cboe BZX listing rules for six named 3x funds, including bitcoin and ether funds. Approval of listing is not confirmation that trading has begun. Order • The SEC has proposed, not finalized, changes to custody requirements affecting registered investment advisers and regulated funds handling crypto assets. Comments are due December 7. Proposal Federal Register publication can lag; this initial snapshot is not exhaustive.