Search Results for keywords:"Ethereum-based ETFs"

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 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.