Search Results for keywords:"commodity ETFs"

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Search Results: keywords:"commodity ETFs"

  • Type:Notice
    Citation:90 FR 16290
    Reading Time:about 48 minutes

    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.

    Simple Explanation

    The Cboe Exchange wants to let people trade special contracts, called options, connected to a fund that tracks Ethereum's value, much like how people trade options on gold and silver funds. The plan is to offer a new, easier way to invest in Ethereum, but they need to make sure it's safe for everyone playing the trading game.

  • Type:Notice
    Citation:90 FR 10759
    Reading Time:about 57 minutes

    The Cboe BZX Exchange, Inc. has submitted a proposal to the Securities and Exchange Commission (SEC) to allow trading options on the Grayscale Ethereum Trust ETF, the Grayscale Ethereum Mini Trust ETF, and the Bitwise Ethereum ETF. The proposal aims to modify existing rules to enable these options, offering investors the opportunity to explore Ethereum's price movements in a more regulated setting. These Ethereum-based ETFs will operate similarly to other commodity ETFs already trading on the exchange, like those based on Bitcoin. The SEC is seeking public comments on this proposal, particularly regarding its consistency with securities laws.

    Simple Explanation

    The Cboe BZX Exchange wants to let people buy and sell special bets, called options, on three funds that follow the price of Ethereum, which is a kind of digital money. The government agency in charge of making sure everything's fair, called the SEC, is asking people what they think about this idea.