17 Apr 2025
💹Proposed Rule Change for Ethereum Options Trading by BOX Exchange
Self-Regulatory Organizations; BOX Exchange LLC; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Amend Rules 3120 (Position Limits), 5020 (Criteria for Underlying Securities), and 5055 (FLEX Equity Options) to List and Trade Options on the iShares Ethereum Trust
Summary
The SEC is considering a rule change that allows BOX Exchange to list and trade options on the iShares Ethereum Trust. This change aims to enhance market participation and provide investors with cost-effective tools for trading and hedging in the Ethereum market through regulated channels.
Agencies
- Securities and Exchange Commission
Business Impact
$$$ - High
The proposed rule change to amend options trading regulations directly affects business owners and market participants by allowing the listing and trading of options on the iShares Ethereum Trust. This could provide new investment opportunities and hedging strategies in the cryptocurrency space, impacting trading volumes and investment choices.