17 Apr 2025
📈Nasdaq BX Proposes Rule Change for Ethereum Trusts Options Listing
Self-Regulatory Organizations; Nasdaq BX, 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, the Fidelity Ethereum Fund, the Bitwise Ethereum ETF, the Grayscale Ethereum Trust, and the Grayscale Ethereum Mini Trust
Summary
Nasdaq BX has filed a notice regarding a proposed rule change to amend its options trading rules, enabling the listing of options on multiple Ethereum-based investment trusts. The proposal aligns with recent approvals from other exchanges, establishing standardized position and exercise limits for these options to enhance market fairness and protect investors.
Agencies
- Securities and Exchange Commission
Business Impact
$$$ - High
The proposed rule change to allow listing options on various Ethereum Trusts impacts financial markets by establishing standardized position and exercise limits, directly influencing trading strategies and compliance for businesses involved in options trading.