18 Mar 2025
📈SEC Extends Review for Ethereum ETF Options Trading Proposal
Self-Regulatory Organizations; Cboe EDGX 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 Options on the Grayscale Ethereum Trust ETF, the Grayscale Ethereum Mini Trust ETF, and the Bitwise Ethereum ETF
Summary
The SEC has announced a longer review period for a proposed rule change that would allow the listing and trading of options on the Grayscale Ethereum Trust ETF, Grayscale Ethereum Mini Trust ETF, and Bitwise Ethereum ETF. This extension provides the Commission with additional time to consider the implications of the proposed rule change.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The content outlines the SEC's extended review period for a proposed rule change related to trading options on multiple Ethereum ETFs. This could create new trading opportunities for businesses involved in cryptocurrency investments or financial services, impacting market dynamics significantly.