17 Apr 2025
💰SEC Notice on Options Trading for Ethereum-based ETFs
Self-Regulatory Organizations; Cboe EDGX Exchange, Inc.; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Amend Exchange Rules 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 announces a proposal by Cboe EDGX Exchange to list and trade options on Ethereum-based ETFs, including the Grayscale Ethereum Trust. This move aims to enhance market participation, offering investors new avenues for exposure and risk management related to Ethereum investments. The proposed rule change is open for public comment.
Agencies
- Securities and Exchange Commission
Business Impact
$$$ - High
The content outlines a proposed rule change by the Cboe EDGX Exchange to allow options trading on Ethereum-based ETFs, impacting compliance requirements and potential market behavior. Business owners and executives should consider the implications for trading strategies and investment in cryptocurrency assets under new regulations.