18 Mar 2025
📈SEC Notice on Cboe BZX Proposed Rule for Options on Ethereum Fund
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 Options on the Fidelity Ethereum Fund
Summary
The SEC has issued a notice extending the review period for Cboe BZX Exchange's proposed rule change to list options on the Fidelity Ethereum Fund. This decision allows more time for comprehensive evaluation, reflecting the Commission's commitment to carefully consider developments in the emerging cryptocurrency trading landscape.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The SEC's notice regarding the proposed rule change to list options on the Fidelity Ethereum Fund indicates potential new financial products for business owners in the financial services sector. This could influence market dynamics and offer new trading opportunities. Compliance with SEC regulations will be necessary for businesses involved.