The Securities and Exchange Commission (SEC) has approved options trading for spot Ethereum ETFs. This means that investors interested in options trading can now secure options contracts on Ethereum ETFs.
Following months of delays and heavy scrutiny, the US Securities and Exchange Commission (SEC) has officially approved options trading on the iShares Ethereum Trust (ETHA), a spot Ethereum ETF.
The approval is a win for companies like BlackRock and Nasdaq ISE, who have been vocal about the need for more crypto-based products despite the regulatory hurdles.