Search Results for keywords:"Position limits"

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 Securities and Exchange Commission is considering a proposal from Nasdaq BX, Inc. to establish position and exercise limits for options on several Ethereum-based financial products, including the iShares Ethereum Trust and the Fidelity Ethereum Fund. These limits are set at 25,000 contracts each. The rule change aims to align BX's regulations with those of other exchanges, ensuring uniform trading conditions. This proposal is designated as "non-controversial," allowing it to bypass certain regulatory delays, and the public is invited to submit comments on the proposal.