US SEC Opens Public Comment Period on Ethereum ETF Options Trading
CryptoNewsTerminal Staff08 Aug, 2024
US SEC Opens Public Comment Period on Ethereum ETF Options Trading
The US Securities and Exchange Commission (SEC) has initiated a public comment period on Ethereum ETF options trading from Bitwise and Grayscale. The products in question are the Bitwise Ethereum ETF, the Grayscale Ethereum Trust, and the Grayscale Ethereum Mini Trust. The New York Stock Exchange (NYSE) has previously filed with the SEC to list two of these products. Nasdaq and BlackRock have also filed for ETH ETF options. The comment period will remain open for the next 21 days. This move by the SEC is a significant step forward for the cryptocurrency industry. It signals that the SEC is taking a more open-minded approach to regulating digital assets. If approved, these Ethereum ETF options will provide investors with a new way to gain exposure to the cryptocurrency market.
