17 Apr 2025
📈Cboe BZX to List Options on Fidelity Ethereum Fund
Self-Regulatory Organizations; Cboe BZX Exchange, Inc.; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Amend Rule 19.3
Summary
The Cboe BZX Exchange has proposed a rule change to allow the listing and trading of options on the Fidelity Ethereum Fund, expanding options for investors dealing with Ethereum. This move aims to enhance market transparency and facilitate better trading strategies, including hedging opportunities in the rapidly evolving digital asset space.
Agencies
- Securities and Exchange Commission
Business Impact
$$$ - High
The proposed rule change by Cboe BZX Exchange to list options on the Fidelity Ethereum Fund affects market dynamics for investment in Ethereum. This could enable businesses to hedge against Ethereum price fluctuations and provide new trading opportunities, thereby impacting market liquidity and strategy for businesses involved in digital assets.