Search Results for keywords:"Ethereum ETFs"

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Search Results: keywords:"Ethereum ETFs"

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  • 2025-06495 — Self-Regulatory Organizations; NYSE Arca, Inc.; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Amend Rules 5.3-O, 5.4-O, and 6.8-O
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    Type:Notice
    Citation:90 FR 16283
    Reading Time:about 45 minutes

    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.

    Simple Explanation

    Imagine a big playground where people trade toys like they trade real money and things called "cryptocurrencies," like magic beans named Ethereum, without having to buy the beans themselves. The people in charge want to change the rules to let folks trade pretend versions of these magic beans using special toys called "options," so they asked everyone what they think about this idea to make sure everything stays fair and fun.

  • 2025-04344 — Self-Regulatory Organizations; Cboe Exchange, Inc.; Notice of Designation of a Longer Period for Commission Action on a Proposed Rule Change, as Modified by Amendment No. 1, To List and Trade Options on the Grayscale Ethereum Trust ETF, the Grayscale Ethereum Mini Trust ETF, and the Bitwise Ethereum ETF
    Type:Notice
    Citation:90 FR 12587
    Reading Time:about a minute or two

    The Securities and Exchange Commission (SEC) is reviewing a proposed rule change by the Cboe Exchange, Inc. to allow the listing and trading of options on three Ethereum ETFs: the Grayscale Ethereum Trust ETF, the Grayscale Ethereum Mini Trust ETF, and the Bitwise Ethereum ETF. The proposed rule change, initially filed on February 5, 2025, was later modified with an amendment on February 6, 2025, and published for public comment on February 24, 2025. The SEC has decided to extend the usual 45-day review period to May 25, 2025, to ensure adequate time to evaluate the proposal fully. There had been no public comments on the proposal as of the time of the notice.

    Simple Explanation

    The SEC is taking extra time to decide if it's okay for a company to let people buy and sell special kinds of bets on three different Ethereum funds, which are like pretend money banks. They're doing this to make sure everything is fair and safe before giving the green light.

  • 2025-02940 — Self-Regulatory Organizations; Cboe Exchange, Inc.; Notice of Filing of a Proposed Rule Change, as Modified by Amendment No. 1, To List and Trade Options on the Grayscale Ethereum Trust ETF, the Grayscale Ethereum Mini Trust ETF, and the Bitwise Ethereum ETF
    💰
    Type:Notice
    Citation:90 FR 10533
    Reading Time:about 55 minutes

    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.

    Simple Explanation

    The SEC is thinking about letting people make bets on future prices of special "Ethereum" funds, kind of like having new toys to play serious money games. These changes are like new rules for a big game, and they want to make sure everyone is okay with them before they decide.