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Grayscale, Bitwise, and NYSE Seek SEC Approval for Options Trading on Three Spot Ethereum ETFs
2024-08-08 00:14
Odaily News Grayscale and Bitwise, together with the New York Stock Exchange, submitted a rule change proposal to the U.S. SEC, seeking to list and trade options on the Bitwise Ethereum ETF, Grayscale Ethereum Trust, and Grayscale Ethereum Mini Trust. The document states that these options will provide investors with an additional, relatively low-cost investment tool, while serving as a hedging tool to meet investors' investment needs for Ethereum products and positions. The public comment period for the proposal is 21 days. (The Block) Yesterday, BlackRock and Nasdaq submitted an application for spot Ethereum ETF options to the SEC.