Search Results for keywords:"Grayscale Ethereum Trust"

The Securities and Exchange Commission (SEC) announced that The Nasdaq Stock Market LLC proposed a rule change to allow listing options on several Ethereum-related funds and trusts, including the iShares Ethereum Trust and the Fidelity Ethereum Fund, among others. The change aims to set position and exercise limits at 25,000 contracts for these options, aligning them with similar limits already in place on other exchanges. This proposal is considered non-controversial and aims to enhance trading fairness and protect investors, while not burdening market competition. The SEC seeks public comments and may permit the plan to take effect immediately to ensure consistency in trading limits across various platforms.

MIAX Sapphire, LLC has filed a proposed rule change with the Securities and Exchange Commission (SEC) to allow trading options on the Grayscale Ethereum Trust, Grayscale Ethereum Mini Trust, and Bitwise Ethereum ETF. These funds, also called Ether Funds, allow investors to track ether's performance without dealing with the complexities of ether delivery. Options on Ether Funds will be physically settled and subject to specific trading rules. The rule change aims to offer investors a lower-cost tool to manage investments linked to ether and promote trading transparency.

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.

Nasdaq PHLX LLC has proposed a rule change to list options on certain Ethereum investment products, including the iShares Ethereum Trust and the Fidelity Ethereum Fund. The proposed rule limits the maximum number of contracts for these options to 25,000, aligning with other exchanges. Additionally, options on these Ethereum products will not be able to trade as FLEX options, which would have different position and exercise limits. The SEC is inviting public comments on these proposed changes.

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 (SEC) has extended the period to decide on a proposed rule change submitted by the Cboe BZX Exchange for listing and trading options on Grayscale Ethereum Trust ETF, Grayscale Ethereum Mini Trust ETF, and Bitwise Ethereum ETF. Originally, the SEC was supposed to make a determination by April 12, 2025, but it has designated a longer period for consideration, now setting the decision date to May 27, 2025. This extension allows the SEC more time to evaluate the proposed rule change as they received no public comments during the initial review period.

The Securities and Exchange Commission (SEC) is reviewing a proposed rule change from NYSE American LLC. This change would allow options trading for certain Ethereum-based financial products like the Bitwise Ethereum ETF and Grayscale Ethereum Trusts. The SEC initially published this proposal for public comment in the Federal Register in August 2024 and is now extending the deadline to make a decision by April 10, 2025. This extension allows the SEC more time to consider the proposal and the public comments it received.

The Securities and Exchange Commission (SEC) has received a proposal from Cboe Exchange, Inc. to amend certain rules, allowing them to list and trade options on three Ethereum-based ETFs: the Grayscale Ethereum Trust ETF, Grayscale Ethereum Mini Trust ETF, and Bitwise Ethereum ETF. The proposal includes changes to rules about the criteria for underlying securities, as well as position and exercise limits for these options, which are based on the number of shares and trading volume. The goal is to provide investors with a new tool for managing risks associated with investments in Ethereum. The SEC is seeking public comments on this proposal to consider its compliance with the Securities Exchange Act of 1934.

The Securities and Exchange Commission is considering a proposal from Nasdaq BX, Inc. to establish position and exercise limits for options on several Ethereum-based financial products, including the iShares Ethereum Trust and the Fidelity Ethereum Fund. These limits are set at 25,000 contracts each. The rule change aims to align BX's regulations with those of other exchanges, ensuring uniform trading conditions. This proposal is designated as "non-controversial," allowing it to bypass certain regulatory delays, and the public is invited to submit comments on the proposal.

Nasdaq ISE, LLC filed a proposal with the Securities and Exchange Commission (SEC) to allow options trading on several Ethereum-related funds, including the Fidelity Ethereum Fund and Bitwise Ethereum ETF. The proposal intends to modify current rules to include these funds in the list of securities eligible for options trading. The document outlines the conditions and standards needed for trading these options, emphasizing investor protection and market transparency. The proposal also discusses how these changes could benefit investors by providing additional opportunities for trading and risk management in the cryptocurrency market, notably in a regulated environment.