BlackRock and Nasdaq File with SEC to Launch Spot Ether ETF Options Products
Exchange Nasdaq and BlackRock, the world's largest asset manager, plan to list options products based on spot Ether ETFs. In a filing posted on the U.S. Securities and Exchange Commission's website on Tuesday, BlackRock and Nasdaq are proposing a rule change to list and trade options based on the iShares Ethereum Trust (ticker symbol ETHA). The filing reads, "The exchanges believe that offering trust options will benefit investors by providing them with an additional, relatively low-cost investment vehicle that gives them exposure to spot ethereum, as well as a hedging tool for their investment needs in ethereum products and positions. " Comments on the proposal will be published within 21 days. The SEC could make a final decision on the proposal by early April 2025, Bloomberg analyst James Seyffart said in a post on X on Tuesday.
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