SEC Approves Options Trading for BlackRock’s Ether ETF
The SEC approved the trading of options linked to ether (ETH) exchange-traded funds (ETFs).
- Approval was granted for Nasdaq ISE's filing to list options contracts on BlackRock’s iShares Ethereum Trust (ETHA).
- Options are used for leveraging and hedging risks, appealing to institutional investors.
- BlackRock’s ETHA is currently the only spot ether ETF available for options trading.
- Other ether-related funds exist on NYSE Arca and Cboe.