61658 Federal Register / Vol. 88, No. 172 / Thursday, September 7, 2023 / Notices 

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

2 17 CFR 240.19b–4. 

3See Securities Exchange Act Release No. 97900 

(July 13, 2023), 88 FR 46235. Comments on the 

proposed rule change, as modified by Amendment 

No. 1, are available at: https://www.sec.gov/ 

comments/sr-cboebzx-2023-038/ 

srcboebzx2023038.htm. 

4 15 U.S.C. 78s(b)(2). 

5 15 U.S.C. 78s(b)(2). 

6 17 CFR 200.30–3(a)(31). 

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

2 17 CFR 240.19b–4. 

3See Securities Exchange Act Release No. 97922 

(July 17, 2023), 88 FR 47214. Comments on the 

proposed rule change are available at: https://

www.sec.gov/comments/sr-nasdaq-2023-019/ 

srnasdaq2023019.htm. 

4 15 U.S.C. 78s(b)(2). 

5 15 U.S.C. 78s(b)(2). 

6 17 CFR 200.30–3(a)(31). 

SECURITIES AND EXCHANGE 

COMMISSION 

[Release No. 34–98266; File No. SR– 

CboeBZX–2023–038] 

Self-Regulatory Organizations; Cboe 

BZX Exchange, Inc.; Notice of 

Designation of a Longer Period for 

Commission Action on a Proposed 

Rule Change, as Modified by 

Amendment No. 1, To List and Trade 

Shares of the Invesco Galaxy Bitcoin 

ETF Under BZX Rule 14.11(e)(4), 

Commodity-Based Trust Shares 

August 31, 2023. 

On June 30, 2023, Cboe BZX 

Exchange, Inc. (‘‘BZX’’ or ‘‘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 

Invesco Galaxy Bitcoin ETF under BZX 

Rule 14.11(e)(4), Commodity-Based 

Trust Shares. On July 11, 2023, the 

Exchange filed Amendment No. 1, 

which amended and replaced the 

proposed rule change in its entirety. The 

proposed rule change, as modified by 

Amendment No. 1, was published for 

comment in the Federal Register on July 

19, 2023.3

Section 19(b)(2) of the Act 4 provides 

that within 45 days of the publication of 

notice of the filing of a proposed rule 

change, or within such longer period up 

to 90 days as the Commission may 

designate if it finds such longer period 

to be appropriate and publishes its 

reasons for so finding or as to which the 

self-regulatory organization consents, 

the Commission shall either approve the 

proposed rule change, disapprove the 

proposed rule change, or institute 

proceedings to determine whether the 

proposed rule change should be 

disapproved. The 45th day after 

publication of the notice for this 

proposed rule change is September 2, 

2023. The Commission is extending this 

45-day time period. 

The Commission finds it appropriate 

to designate a longer period within 

which to take action on 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,5

designates October 17, 2023, as the date 

by which the Commission shall either 

approve or disapprove, or institute 

proceedings to determine whether to 

disapprove, the proposed rule change 

(File No. SR–CboeBZX–2023–038), as 

modified by Amendment No. 1. 

For the Commission, by the Division of 

Trading and Markets, pursuant to delegated 

authority.6

Sherry R. Haywood, 

Assistant Secretary. 

[FR Doc. 2023–19240 Filed 9–6–23; 8:45 am] 

BILLING CODE 8011–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[Release No. 34–98262; File No. SR– 

NASDAQ–2023–019] 

Self-Regulatory Organizations; The 

Nasdaq Stock Market LLC; Notice of 

Designation of a Longer Period for 

Commission Action on a Proposed 

Rule Change To List and Trade Shares 

of the Valkyrie Bitcoin Fund Under 

Nasdaq Rule 5711(d), CommodityBased Trust Shares 

August 31, 2023. 

On July 3, 2023, The Nasdaq Stock 

Market LLC (‘‘Nasdaq’’ or ‘‘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 

Valkyrie Bitcoin Fund under Nasdaq 

Rule 5711(d), Commodity-Based Trust 

Shares. The proposed rule change was 

published for comment in the Federal 

Register on July 21, 2023.3

Section 19(b)(2) of the Act 4 provides 

that within 45 days of the publication of 

notice of the filing of a proposed rule 

change, or within such longer period up 

to 90 days as the Commission may 

designate if it finds such longer period 

to be appropriate and publishes its 

reasons for so finding or as to which the 

self-regulatory organization consents, 

the Commission shall either approve the 

proposed rule change, disapprove the 

proposed rule change, or institute 

proceedings to determine whether the 

proposed rule change should be 

disapproved. The 45th day after 

publication of the notice for this 

proposed rule change is September 4, 

2023. The Commission is extending this 

45-day time period. 

The Commission finds it appropriate 

to designate a longer period within 

which to take action on 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,5

designates October 19, 2023, as the date 

by which the Commission shall either 

approve or disapprove, or institute 

proceedings to determine whether to 

disapprove, the proposed rule change 

(File No. SR–NASDAQ–2023–019). 

For the Commission, by the Division of 

Trading and Markets, pursuant to delegated 

authority.6

Sherry R. Haywood, 

Assistant Secretary. 

[FR Doc. 2023–19236 Filed 9–6–23; 8:45 am] 

BILLING CODE 8011–01–P 

SURFACE TRANSPORTATION BOARD 

[Docket No. FD 36500 (Sub-No. 6)] 

Canadian Pacific Railway Limited; 

Canadian Pacific Railway Company; 

Soo Line Railroad Company; Central 

Maine & Quebec Railway US Inc.; 

Dakota, Minnesota & Eastern Railroad 

Corporation; and Delaware & Hudson 

Railway Company, Inc.—Control— 

Kansas City Southern; The Kansas 

City Southern Railway Company; 

Gateway Eastern Railway Company; 

and The Texas Mexican Railway 

Company (General Oversight) 

AGENCY: Surface Transportation Board. 

ACTION: Decision No. 1; notice of general 

oversight proceeding and guidance on 

reporting requirements. 

SUMMARY: By decision served March 15, 

2023 (Decision No. 35), the Board 

approved the acquisition of control by 

Canadian Pacific Railway (CP) of Kansas 

City Southern (KCS), resulting in the 

newly merged entity, Canadian Pacific 

Kansas City Limited (CPKC). As a 

condition of the Board’s approval, the 

Board imposed a seven-year oversight 

period, during which the Board will 

closely monitor CPKC’s compliance 

with, and the effectiveness of, the 

conditions imposed by the Board. 

Throughout the oversight period, CPKC 

is required to report numerous service, 

operational, and competition-related 


ddrumheller on DSK120RN23PROD with NOTICES1