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The Securities and Exchange Commission (SEC) has approved a rule change proposed by BOX Exchange LLC that allows the trading of options on the iShares Bitcoin ETF. This decision follows a similar proposal approved for Nasdaq ISE. The rule, effective immediately, establishes new position and exercise limits for these options, set at 25,000 contracts. This move is intended to provide investors with a cost-effective method to gain exposure to Bitcoin through a familiar public securities market. Additionally, BOX Exchange updated its rules to reflect the current names of certain trust funds.

The Securities and Exchange Commission has published a notice about a rule change proposed by BOX Exchange LLC. This proposal involves amending several rules to allow the listing and trading of options on specific Ethereum-based ETFs, such as the Grayscale Ethereum Trust ETF and the Bitwise Ethereum ETF. The goal is to provide investors with a lower-cost, regulated option for exposure to Ethereum. The proposed rule includes measures to prevent market manipulation and protect investors, such as position limits for option contracts.

The Securities and Exchange Commission (SEC) announced that the BOX Exchange LLC filed a proposed rule change to allow options trading on Bitcoin Funds, including the Grayscale Bitcoin Trust and Bitwise Bitcoin ETF. This proposal, effective immediately, aligns with a similar rule change recently approved for another exchange, NYSE American. The BOX Exchange argues that offering Bitcoin Fund options will provide investors with cost-efficient investment tools and improved market transparency. The regulatory filing outlines the rules and safeguards, including position limits and surveillance measures, to ensure fair and transparent trading.

The Securities and Exchange Commission (SEC) announced that the BOX Exchange LLC has filed a proposal to amend its Fee Schedule for the upcoming year, 2025. The proposed changes involve establishing a new fee system called CAT Fee 2025-1, which sets the fee at $0.000022 per executed equivalent share. This fee helps cover the costs associated with the Consolidated Audit Trail (CAT), a system that tracks trading activity in the national market. The CAT Fee 2025-1 is intended to replace the previous CAT Fee 2024-1, which had a higher rate, and will be in effect for six months to cover half of the budgeted CAT costs. Interested parties are invited to submit comments on these changes by January 29, 2025.

The BOX Exchange LLC proposed a rule change to update its Fee Schedule by increasing fees for connectivity and ports used on the BOX Options Market LLC facility. These changes reflect an 8% fee increase justified by an industry-specific inflation measure called the Producer Price Index for Data Processing and Related Services. The fee adjustments are meant to help the Exchange maintain and enhance its market technology and services, despite not having increased these fees since 2018. The Securities and Exchange Commission is seeking public comments on this proposal until January 17, 2025.

The Securities and Exchange Commission has announced that BOX Exchange LLC filed a rule change regarding its fee schedule for the BOX Options Market. This change, effective January 4, 2021, revises fees and introduces new credits for different types of trades, such as PIP, COPIP, Facilitation, and Solicitation transactions. The alterations aim to simplify the fee schedule, reduce confusion, and encourage more trading activity on BOX Options by offering financial incentives for specific order types. Comments from the public are welcomed until February 16, 2021.

The Securities and Exchange Commission (SEC) has announced a proposal from BOX Exchange LLC to change their rules, enabling the listing and trading of options on the Fidelity Ethereum Fund. The proposed rule change aims to enhance market transparency and provide investors with additional hedging strategies and lower-cost investment options related to Ethereum. These proposed options would follow similar procedures as those for existing options on Bitcoin or precious-metal exchange-traded products, with specific limitations set on contract positions to ensure market stability and prevent manipulation. The SEC is seeking public comments on this proposal and has provided details on how to submit feedback.

The Securities and Exchange Commission has announced the filing by BOX Exchange LLC of a rule change to allow options trading on two Bitcoin funds: the Fidelity Wise Origin Bitcoin Fund and the ARK 21Shares Bitcoin ETF. These changes involve amendments to certain rules regarding position limits and criteria for underlying securities, similar to recent approvals granted to Cboe Exchange. The Exchange emphasizes the potential benefits for investors, such as improved market efficiency and transparency, and asserts that its existing surveillance measures are sufficient to ensure fair trading and detect any manipulative practices. The proposed rule change is expected to enhance competition and offer investors a new, priced-efficient way to access Bitcoin-related securities.

The Securities and Exchange Commission (SEC) has received a proposal from BOX Exchange LLC to amend Rule 5055 to allow for cash settlement of certain customized FLEX Equity Options where the underlying security is an Exchange-Traded Fund (ETF). This amendment aims to broaden investment options and potentially shift some over-the-counter market trading onto the exchange. To ensure stability, the cash settlement will only apply to ETFs that meet specific liquidity criteria. The SEC has waived the typical 30-day waiting period for the rule to take effect, citing that similar proposals have already been approved for other exchanges.

BOX Exchange LLC has proposed a rule change to amend several of its rules to enable the listing and trading of options on the iShares Ethereum Trust. This proposal includes modifications to listing criteria, position limits, and the mechanism for how these options will be traded. The exchange believes options on this trust provide investors with a more accessible and cost-effective way to invest in Ethereum, which is a popular cryptocurrency. The proposed rule changes are designed to prevent market manipulation while enhancing transparency and efficiency in trading these options.