SECURITIES AND EXCHANGE COMMISSION

SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-106309; File No. SR-NASDAQ-2026-016]

Self-Regulatory Organizations; The Nasdaq Stock Market LLC; Notice of Designation of a

Longer Period for Commission Action on Proceedings to Determine Whether to Approve

or Disapprove a Proposed Rule Change to List and Trade Shares of the VanEck JitoSOL

ETF Under Nasdaq Rule 5711(d) (Commodity-Based Trust Shares)

September 9, 2026.

On March 10, 2026, the Nasdaq Stock Market LLC (“Exchange”) filed with the Securities

and Exchange Commission (“Commission”), pursuant to Section 19(b)(1) of the Securities

Exchange Act of 1934 (“Act”) 1 and Rule 19b-4 thereunder,2 a proposed rule change to list and

trade shares of the VanEck JitoSOL ETF under Nasdaq Rule 5711(d) (Commodity-Based Trust

Shares). The proposed rule change was published for comment in the Federal Register on March

20, 2026.3

On May 1, 2026, pursuant to Section 19(b)(2) of the Act,4 the Commission designated a

longer period within which to approve the proposed rule change, disapprove the proposed rule

change, or institute proceedings to determine whether to disapprove the proposed rule change. 5

1

15 U.S.C. 78s(b)(1).

2

17 CFR 240.19b-4.

3

See Securities Exchange Act Release No. 105030 (Mar. 17, 2026), 91 FR 13661. The Commission has

received no comment letters on the proposed rule change.

4

15 U.S.C. 78s(b)(2).

5

See Securities Exchange Act Release No. 105339, 91 FR 24625 (May 6, 2026). The Commission

designated June 18, 2026, as the date by which the Commission shall approve or disapprove, or institute

proceedings to determine whether to disapprove, the proposed rule change.

On June 17, 2026, the Commission initiated proceedings under Section 19(b)(2)(B) of the Act 6 to

determine whether to approve or disapprove the proposed rule change. 7

Section 19(b)(2) of the Act8 provides that, after initiating proceedings, the Commission

shall issue an order approving or disapproving the proposed rule change not later than 180 days

after the date of publication of notice of filing of the proposed rule change. The Commission

may extend the period for issuing an order approving or disapproving the proposed rule change,

however, by not more than 60 days if the Commission determines that a longer period is

appropriate and publishes the reasons for such determination. The proposed rule change was

published for comment in the Federal Register on March 20, 2026.9 The 180th day after

publication of the proposed rule change is September 16, 2026. The Commission is extending the

time period for approving or disapproving the proposed rule change for an additional 60 days.

The Commission finds that it is appropriate to designate a longer period within which to

issue an order approving or disapproving the proposed rule change so that it has sufficient time

to consider the proposed rule change and the issues raised therein. Accordingly, the Commission,

pursuant to Section 19(b)(2) of the Act, 10 designates November 15, 2026, as the date by which

6

15 U.S.C. 78s(b)(2)(B).

7

See Securities Exchange Act Release No. 105723, 91 FR 37487 (June 23, 2026).

8

15 U.S.C. 78s(b)(2).

9

See supra note 3 and accompanying text.

10

15 U.S.C. 78s(b)(2).

the Commission shall either approve or disapprove the proposed rule change (File No. SRNASDAQ-2026-016).

For the Commission, by the Division of Trading and Markets, pursuant to delegated

authority.11

Sherry R. Haywood,

Assistant Secretary.

11

17 CFR 200.30-3(a)(57).