18 Mar 2025
📈SEC Extends Review Period for Cboe's ETF Options Trading Proposal
Self-Regulatory Organizations; Cboe 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 extended the review period for Cboe Exchange's proposed rule change to list and trade options on several Ethereum-related ETFs. This extension allows the Commission additional time to consider the implications of the proposal, which could significantly impact trading in cryptocurrency markets and related investment products.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The regulation involves the SEC’s evaluation of a proposed rule change for listing options on cryptocurrency-related ETFs, which indicates a shift in investment opportunities and could influence market dynamics and compliance requirements for businesses involved in trading and financial services.