The Securities and Exchange Commission (SEC) received a proposed rule change from MIAX PEARL, LLC, to allow trading options on three Ethereum-related funds: the Grayscale Ethereum Trust, the Grayscale Ethereum Mini Trust, and the Bitwise Ethereum ETF. This proposal comes as a response to similar competitive offerings approved by the NYSE American. MIAX Pearl argues that these changes will offer investors a lower-cost tool for managing risks and gaining exposure to Ethereum prices. The SEC aims to ensure this new trading option is in line with its rules designed to prevent fraud and maintain fair trading practices.

The Securities and Exchange Commission is considering a proposed rule change by Cboe BZX Exchange, Inc. This proposal aims to allow the exchange to list and trade options on specific Ethereum-backed Exchange-Traded Funds (ETFs) such as the Grayscale Ethereum Trust ETF and the Bitwise Ethereum ETF. The change is designed to offer investors a new way to gain exposure to the price movements of Ethereum while ensuring adherence to existing trading rules. The Commission intends to seek public comments on the proposal to ensure that it meets regulatory standards before deciding on its approval.

The Miami International Securities Exchange, LLC has filed a proposal with the Securities and Exchange Commission to list and trade options on three Ethereum-related funds: the Grayscale Ethereum Trust, the Grayscale Ethereum Mini Trust, and the Bitwise Ethereum ETF. They plan to change several rules to accommodate these options, including those about position and exercise limits, ensuring they align with current standards for trading other commodities like precious metals and bitcoin. The proposal aims to offer investors more opportunities and benefits through options trading on these funds, similar to existing options for other Exchange-Traded Funds (ETFs) and Exchange-Traded Products (ETPs). The proposal also emphasizes maintaining strict surveillance and reporting procedures to prevent market manipulation and protect investors.

The Securities and Exchange Commission (SEC) has received a proposal from NYSE Arca, Inc. to amend certain rules to allow the listing and trading of options on specific Ethereum-based exchange-traded funds (ETFs), such as the Grayscale Ethereum Trust ETF, Grayscale Ethereum Mini Trust ETF, and Bitwise Ethereum ETF. This proposal aims to offer investors a straightforward way to gain exposure to Ethereum through the securities market without dealing directly with cryptocurrency. The SEC's notice seeks public comments and explains how these options will be managed, including details about position and exercise limits set to prevent market manipulation. The proposed rule change aims to enhance market competitiveness and transparency by providing investors with an additional, cost-effective way to invest in Ethereum-based ETFs.

The Cboe Exchange, Inc. has announced a proposal to change its rules to allow the exchange to list options on the iShares Ethereum Trust. The Securities and Exchange Commission (SEC) is seeking public comments on this proposal, which is intended to offer investors a cost-effective way to gain exposure to ether, as well as provide a hedging tool. The proposed options will be similar to those available for other commodity ETFs like gold and silver. To facilitate this change, various rules about trading, listing criteria, and position limits will apply to ensure market integrity and investor protection.