17 Apr 2025
🪙Cboe Exchange to List Options on iShares Ethereum Trust
Self-Regulatory Organizations; Cboe Exchange, Inc.; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Amend Its Rules To Allow the Exchange To List Options on the iShares Ethereum Trust
Summary
The Cboe Exchange has filed a proposed rule change to allow listing options on the iShares Ethereum Trust. This move aims to provide investors with increased opportunities to trade and hedge positions in Ethereum while enhancing market efficiency and transparency. The proposed changes are part of the Exchange's broader strategy to improve access to cryptocurrency-related investment products.
Agencies
- Securities and Exchange Commission
Business Impact
$$$ - High
The proposed rule allows the Cboe Exchange to list options on the iShares Ethereum Trust, providing businesses and investors with new financial instruments related to Ethereum. This can enhance trading strategies and market liquidity for those engaged in crypto-related asset management.