13 Feb 2025
📈SEC Proposes Rule Change for Options Trading on iShares Ethereum Trust
Self-Regulatory Organizations; Nasdaq ISE, LLC; Notice of Designation of a Longer Period for Commission Action on a Proposed Rule Change To List and Trade Options on the iShares Ethereum Trust
Summary
The SEC announced a longer period for action regarding a proposed rule change by Nasdaq ISE to list and trade options on the iShares Ethereum Trust. This move follows the receipt of comment letters and is part of ongoing regulatory evaluation, highlighting the evolving landscape of cryptocurrency in financial markets.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The SEC’s notice involves a proposed rule change for the listing and trading of options on the iShares Ethereum Trust, which impacts financial markets and business strategies related to cryptocurrency investments. The extended timeline for action indicates ongoing regulatory scrutiny that businesses must monitor.