15 Apr 2025
📈SEC Approves Options Trading for Ethereum-Based ETFs
Self-Regulatory Organizations; NYSE American LLC; Notice of Filing of Amendment No. 2 and Order Granting Accelerated Approval of a Proposed Rule Change, as Modified by Amendment No. 2, To Amend Exchange Rule 915 To Permit the Listing and Trading of Options on the Bitwise Ethereum ETF, the Grayscale Ethereum Trust, and the Grayscale Ethereum Mini Trust
Summary
The Securities and Exchange Commission has approved a proposal allowing the listing and trading of options on Ethereum-based exchange-traded products such as the Bitwise Ethereum ETF and Grayscale Ethereum Trust. This latest regulatory amendment aims to enhance market accessibility and investor opportunities in cryptocurrency investments, amid ongoing conversations about compliance and market practices.
Agencies
- Securities and Exchange Commission
Business Impact
$$$ - High
The text discusses the approval of options for trading on Ether Funds, significantly impacting businesses in the finance sector by expanding investment opportunities in cryptocurrency-related products. Compliance with new regulatory frameworks governing these options trading practices is also a key aspect.