Search Results for keywords:"iShares Ethereum Trust"

The Securities and Exchange Commission (SEC) received a proposed rule change from the Cboe EDGX Exchange, Inc., which the Exchange has already deemed non-controversial. The proposal aims to allow listing options on the iShares Ethereum Trust, enabling investors to trade these options in a more regulated environment compared to over-the-counter exchanges. The proposal outlines how these options will be managed and supervised, ensuring that they adhere to existing trading rules and limits. Overall, this move is seen as beneficial for investors, providing more opportunities to trade Ethereum-related options while ensuring market transparency and oversight.

The document reports that the Miami International Securities Exchange (MIAX) has proposed a rule change to allow trading options on the iShares Ethereum Trust. This proposal involves amending existing rules concerning criteria for securities, as well as position and exercise limits. The main goal is to provide investors with a new, cost-effective means to engage with Ethereum through securities, potentially enhancing market efficiency. The Securities and Exchange Commission (SEC) is reviewing this proposal and has opened the floor for public comments.

In a notice published by the Securities and Exchange Commission, the MIAX PEARL, LLC proposed a change to its rules to allow the listing and trading of options on the iShares Ethereum Trust. This change is intended to give investors a more cost-effective way to invest in Ether, a type of cryptocurrency, without directly owning it. The rule change aligns with similar approvals from other exchanges and aims to enhance the tools available to investors for managing their investment portfolios. The proposal has been filed to encourage comments from the public and does not impose significant burdens on competition or investor protection.

The Securities and Exchange Commission (SEC) announced that The Nasdaq Stock Market LLC proposed a rule change to allow listing options on several Ethereum-related funds and trusts, including the iShares Ethereum Trust and the Fidelity Ethereum Fund, among others. The change aims to set position and exercise limits at 25,000 contracts for these options, aligning them with similar limits already in place on other exchanges. This proposal is considered non-controversial and aims to enhance trading fairness and protect investors, while not burdening market competition. The SEC seeks public comments and may permit the plan to take effect immediately to ensure consistency in trading limits across various platforms.

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.

Nasdaq PHLX LLC has proposed a rule change to list options on certain Ethereum investment products, including the iShares Ethereum Trust and the Fidelity Ethereum Fund. The proposed rule limits the maximum number of contracts for these options to 25,000, aligning with other exchanges. Additionally, options on these Ethereum products will not be able to trade as FLEX options, which would have different position and exercise limits. The SEC is inviting public comments on these proposed changes.

The Securities and Exchange Commission (SEC) announced that MIAX Sapphire, LLC (the "Exchange") filed a proposal to amend its rules to allow listing and trading of options on the iShares Ethereum Trust. This change allows investors to trade options on the Trust, which is intended to mimic the performance of Ethereum without having to directly invest in the cryptocurrency itself. The Exchange will apply existing rules regarding trading options on ETFs, including those concerning listing criteria, price limits, and surveillance measures. The SEC is soliciting public comments and has expedited the rule change's effectiveness for investor benefit.

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 Cboe Exchange, Inc. has announced a proposal to change its rules to allow the exchange to list options on the iShares Ethereum Trust. The Securities and Exchange Commission (SEC) is seeking public comments on this proposal, which is intended to offer investors a cost-effective way to gain exposure to ether, as well as provide a hedging tool. The proposed options will be similar to those available for other commodity ETFs like gold and silver. To facilitate this change, various rules about trading, listing criteria, and position limits will apply to ensure market integrity and investor protection.

The Cboe BZX Exchange, Inc. proposed a rule change to allow listing of options on the iShares Ethereum Trust, which involves trading options on a fund that represents interests in Ethereum. This proposal is aligned with a similar rule change approved for Nasdaq ISE, LLC and aims to provide investors with a lower-cost tool for gaining exposure to Ethereum. The Exchange has set conservative position and exercise limits for these options to ensure market stability and plans to follow the same rules that apply to other Exchange-Traded Fund (ETF) options. This new offering is expected to enhance market transparency and provide an alternative to the unregulated over-the-counter options market.