ETF News: NYSE May Extend Bitcoin Trading Hours Amid Increased Demand
ETF News: NYSE Considers Extended Trading Hours for Bitcoin ETFs
The New York Stock Exchange (NYSE) has announced plans to extend weekday trading hours on its NYSE Arca equities exchange, potentially accommodating the surging global demand for US-listed securities, including Bitcoin ETFs (exchange-traded funds).
NYSE Arca is the leading US exchange for listing and trading ETFs. These financial instruments are becoming especially pertinent as investor interest in Bitcoin ETFs and other cryptocurrency-related assets rises.
Bitcoin ETFs Could Trade for 22 Hours A Day
The proposal, pending regulatory approval, would see trading extend to 22 hours a day, 5 days a week. The sessions could run from 1:30 a.m. to 11:30 p.m. Eastern Time (ET). This extended schedule would position NYSE Arca as a nearly around-the-clock trading platform.
- Traders from various time zones will have increased access to US-listed stocks.
- The NYSE believes this expansion will enhance investment flexibility.
- This new schedule reflects the real-time nature of modern financial markets.
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