According to reports from Bitu, the exchange Nasdaq and the world’s largest asset management company BlackRock plan to launch options products based on a spot Ethereum ETF. In a document filed on Tuesday with the U.S. Securities and Exchange Commission, BlackRock and Nasdaq proposed a rule change to list and trade options based on the iShares Ethereum Trust (ticker symbol ETHA). The document stated, “The exchange believes that offering trust options will benefit investors by providing an additional, relatively low-cost investment tool that allows them to access spot Ether, while also providing a hedging instrument to meet their investment needs in Ether products and positions.”
Comments on the proposal will be published within 21 days. Bloomberg analyst James Seyffart tweeted on Tuesday that the SEC may make a final decision on the proposal by early April 2025.
Original link:
https://www.theblock.co/post/309850/blackrock-nasdaq-make-the-push-for-options…
Note: All articles from Bitu represent the author’s views and do not constitute investment advice.
SEC
Options
Spot Ethereum ETF
Nasdaq
BlackRock
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