{"id":561756,"date":"2024-08-07T11:59:40","date_gmt":"2024-08-07T11:59:40","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=561756"},"modified":"2024-08-07T11:54:20","modified_gmt":"2024-08-07T11:54:20","slug":"nasdaqs-options-exchange-asks-sec-to-allow-options-trading-on-spot-ethereum-etfs","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/nasdaqs-options-exchange-asks-sec-to-allow-options-trading-on-spot-ethereum-etfs","title":{"rendered":"Nasdaq Asks SEC To Allow Options Trading On BlackRock’s Spot Ethereum ETF"},"content":{"rendered":"

Nasdaq has asked US regulators<\/a> to allow options trading on asset manager BlackRock’s spot Ethereum ETF (exchange-traded fund), a move that would help bring about the wider adoption of ETH ETFs.<\/span><\/p>\n

BlackRock’s iShares Ethereum Trust (ETHA) is the only Ethereum ETF listed on Nasdaq’s electronic options exchange. Other ETH ETF managers listed their funds on the New York Stock Exchange’s Arca or Cboe.<\/span><\/p>\n

Options Trading Decision On BlackRock’s Ethereum ETF Likely In 2025<\/span><\/h2>\n

The US Securities and Exchange Commission (SEC) has not yet authorized options trading on spot <\/span>Bitcoin<\/span><\/a> ETFs since these investment products launched in January.<\/span><\/p>\n

In July, the agency told several exchanges requesting to list options on spot BTC ETFs that it needed more time to make a decision.<\/span><\/p>\n

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Nasdaq and BlackRock's filing to add options on Ethereum ETFs has hit the SEC site. Final SEC decision on this from SEC likely to be around April 9th, 2025.<\/p>\n

(SEC is not the only decision maker on adding options here. Also need signoff from OCC & CFTC) https:\/\/t.co\/K4HunUPp7S<\/a> pic.twitter.com\/5kQH0mljTz<\/a><\/p>\n

— James Seyffart (@JSeyff) August 6, 2024<\/a><\/p><\/blockquote>\n