17 Apr 2025
📈Proposed Rule Change for Options on Fidelity Ethereum Fund
Self-Regulatory Organizations; Miami International Securities Exchange, LLC; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Amend Exchange Rule 402, Criteria for Underlying Securities, Exchange Rule 307, Position Limits, and Exchange Rule 309, Exercise Limits To Allow the Exchange To List and Trade Options on the Fidelity Ethereum Fund
Summary
The Miami International Securities Exchange has filed a proposed rule change to amend trading regulations, allowing options on the Fidelity Ethereum Fund. This change enables investors to gain exposure to Ethereum without complexities, fostering competitive trading and offering various investment strategies through the exchange.
Agencies
- Securities and Exchange Commission
Business Impact
$$$ - High
The proposed rule change allows the Miami International Securities Exchange to list and trade options on the Fidelity Ethereum Fund, presenting new trading opportunities to investors. It affects market dynamics, compliance with trading regulations, and positions on ETFs, which may influence investment strategies and capital flow in the cryptocurrency space.