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Nasdaq ISE, LLC filed a proposal with the Securities and Exchange Commission (SEC) to allow options trading on several Ethereum-related funds, including the Fidelity Ethereum Fund and Bitwise Ethereum ETF. The proposal intends to modify current rules to include these funds in the list of securities eligible for options trading. The document outlines the conditions and standards needed for trading these options, emphasizing investor protection and market transparency. The proposal also discusses how these changes could benefit investors by providing additional opportunities for trading and risk management in the cryptocurrency market, notably in a regulated environment.

The Securities and Exchange Commission (SEC) has been notified that Nasdaq ISE, LLC has filed a proposal to allow options trading for various Bitcoin-related exchange-traded funds (ETFs) on their exchange. The proposed rule aims to include Bitcoin-backed commodity ETFs, such as the Fidelity Wise Origin Bitcoin Fund and the ARK21Shares Bitcoin ETF, among others, as appropriate for options trading. The rule sets specific conditions and standards that these ETFs must meet to be eligible for options trading, ensuring they are widely held and actively traded. The SEC is seeking public comments on this proposal and has also considered waiving the 30-day operative delay to allow the rule to take effect immediately after filing.

Nasdaq ISE, LLC has proposed a rule change to avoid trading Flexible Exchange Options (FLEX Options) on certain Bitcoin-related investment products. These include options on Bitcoin trusts like the Fidelity Wise Origin Bitcoin Fund and the Grayscale Bitcoin Trust, among others. This decision is in line with previous approvals that limit position and exercise limits to 25,000 contracts for these trusts. The change ensures that these options will not conflict with the existing rules, maintaining consistent limits across exchanges and protecting investor interests.

The Securities and Exchange Commission (SEC) announced that Nasdaq ISE, LLC (ISE) has submitted a proposed rule change on January 10, 2025. This rule change aims to set new fees for its expanded co-location services, allowing traders to place their trading equipment near ISE's servers for faster access. The SEC is inviting public comments on this proposal, and interested parties can submit their thoughts electronically through the SEC's website or by mail until February 18, 2025. This proposal has been designated for immediate effectiveness under U.S. securities law, although the SEC can delay its implementation if needed to protect investor interests.

Nasdaq ISE has filed a proposed rule change with the Securities and Exchange Commission (SEC) to delay the implementation of changes to their Options Regulatory Fee (ORF). Originally set to take effect earlier, the new ORF and its methodology will now be implemented on June 1, 2025, and will last until December 1, 2025. The SEC is inviting comments from the public concerning this proposed change, and submissions should be made by March 4, 2025. Interested parties can provide feedback through the SEC's online comment form or via email.

Nasdaq ISE, LLC has proposed new fees for its expanded co-location services, as outlined in a filing with the Securities and Exchange Commission. The proposed changes include a monthly fee of $7,230 for Ultra High Density Cabinets and a $5,940 installation fee for cabinets in the expanded data center known as NY11-4. Additionally, installation fees are set at $3,600 and $4,560 for different power options, and the Exchange will offer Power Distribution Units (PDUs) as a convenience, although customers can opt to provide their own. These changes aim to match the cost of updated facilities while maintaining consistency with current pricing structures.

Nasdaq ISE, LLC has proposed a change to how it collects the Options Regulatory Fee (ORF) starting January 1, 2025. The new approach will see ORF being applied to a broader range of transactions, excluding those by Market Makers, and at different rates for transactions happening on ISE versus other exchanges. These changes aim to better align the fees with regulatory costs and make the fee system fairer for different market participants. This proposal will automatically expire on July 1, 2025, returning to the previous ORF structure unless further action is taken.

On December 20, 2024, Nasdaq ISE, LLC submitted a proposal to the Securities and Exchange Commission to increase the position and exercise limits for options on the iShares Bitcoin Trust ETF (IBIT) from 25,000 to 250,000 contracts. This change aims to reflect the high trading volume and demand for IBIT options, allowing more flexibility for investors and market makers. The proposal suggests that increasing the limits would improve market liquidity and efficiency while ensuring effective regulation. The Securities and Exchange Commission is reviewing this proposal and inviting public comments before deciding whether to approve or disapprove the proposed changes.

Nasdaq ISE, LLC has proposed a change to its rules to allow the listing and trading of options on Commodity-Based Trust Shares. These shares are tied to commodities and cash held in a trust, such as gold or bitcoin, and the proposed rule would enable options on these shares to be traded similarly to other Exchange-Traded Funds (ETFs). The Securities and Exchange Commission (SEC) is currently seeking public comments on this proposal to ensure it aligns with existing securities laws and promotes a fair and open market. The change is intended to provide investors with more options for managing risk in a transparent and regulated market.

Nasdaq ISE, LLC, submitted a proposal to the Securities and Exchange Commission (SEC) to amend its rules for listing options on commodity-based trust units. The SEC is extending the initial 45-day review period to May 27, 2025, in order to have more time to evaluate the proposal. This means the SEC will decide by that date whether to approve or reject the rule change, or start a process to determine if they should reject it.