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The Securities and Exchange Commission has announced that Cboe EDGX Exchange proposed a new rule to allow the listing and trading of options on the Fidelity Ethereum Fund. This fund is an Ethereum-backed commodity ETF that provides a way for investors to gain exposure to Ethereum without directly dealing with the digital currency. The proposed rule ensures the fund meets necessary listing and trading standards, including criteria for underlying securities, position limits, and surveillance measures to protect against market manipulation. Additionally, options on this fund can be traded in a regulated environment, providing transparency and efficiency benefits compared to the over-the-counter market.

Nasdaq ISE, LLC filed a proposed rule with the Securities and Exchange Commission (SEC) that would allow it to list and trade options on the iShares Ethereum Trust. Initially published for comment on August 12, 2024, the SEC received feedback on the proposal. Due to the complexity of the issues raised, the SEC has extended the decision period by 60 days, setting a new deadline of April 9, 2025, to approve or disapprove the rule change. This extension ensures the SEC has enough time to thoroughly evaluate the proposed changes and the feedback received.

The Miami International Securities Exchange, LLC has submitted a proposed rule change to the Securities and Exchange Commission (SEC). This change will allow the Exchange to list and trade options on the Goldman Sachs Physical Gold ETF as well as update the names of some trusts to their current names. The SEC has approved the rule to become effective immediately to align with similar rules from other exchanges, noting no negative effects on investor protection or public interest. The public is encouraged to submit comments on this rule change, which are due by March 14, 2025.

The Securities and Exchange Commission has published a notice about a proposed rule change by MEMX LLC to list and trade options on two Bitcoin exchange-traded funds (ETFs): the Fidelity Wise Origin Bitcoin Fund and the ARK 21Shares Bitcoin ETF. This rule change aims to amend Exchange Rule 19.3 to allow trading options on these Bitcoin Funds. The plan is seen as competitive, following similar moves by another exchange, Cboe. MEMX believes that offering these options will provide investors with a lower-cost way to invest in Bitcoin, increase market transparency, and improve price discovery on the exchange.

The Securities and Exchange Commission (SEC) has published a notice about a rule change by the MIAX PEARL, LLC Exchange. This proposed change would allow the exchange to list and trade options on the Fidelity Ethereum Fund. These options let investors engage with Ethereum without directly buying the cryptocurrency. The proposal aims to offer another trading venue for these options to enhance market transparency and liquidity, in a manner similar to what is already available for options on ETFs tied to other commodities.

Cboe Exchange, Inc. has filed a proposed rule change with the Securities and Exchange Commission (SEC) to make some administrative updates to its rules. The main changes include renaming the S&P 500 ESG Index to the S&P 500 Scored & Screened Index and updating rules to include the S&P 500 Equal Weight Index, which enables trading of certain options. These modifications are intended to clarify the exchange rules without affecting how these options trade. The SEC is inviting public comments on these proposed changes to ensure they are consistent with the law and fair to the market.

The Securities and Exchange Commission (SEC) has received a proposal from Cboe EDGX Exchange, Inc. to change its rules. This change would allow the exchange to list and trade options on the Grayscale Ethereum Trust ETF, Grayscale Ethereum Mini Trust ETF, and Bitwise Ethereum ETF. The proposal outlines the procedures, position limits, and surveillance measures Cboe EDGX will implement to ensure fair and orderly trading of these options. The SEC is inviting public comments on the proposal, and it will become effective unless the SEC suspends it for further review.

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 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 has announced that the Miami International Securities Exchange is proposing a change to its rules that would allow the listing and trading of options on Commodity-Based Trust Shares. These trust shares represent interests in a trust that holds specific commodities and sometimes cash, similar to how some ETFs work. The purpose of the change is to make it easier and faster to list options on these trust shares once they have met initial criteria without needing further approvals. This proposal is part of a competitive effort alongside other exchanges like Nasdaq, NYSE, and Cboe, and aims to increase investment options for market participants while promoting competition and consistency in the rules for trading such options.