After a series of regulatory back-and-forth, the US Securities and Exchange Commission (SEC) has approved options trading for an Ethereum spot exchange-traded fund (ETF). The Ethereum spot ETFs will offer investors leverage with limited capital while serving as a hedging vehicle to protect against price drops.
US SEC Issues Thumbs Up For Options Trading On Ethereum Spot ETFs
The US SEC has approved Nasdaq’s application for a rule amendment on the iShares Ethereum Trust to options trading. According to a press release, Nasdaq can list and trade options on the shares of the Ethereum spot ETF following the rule change.
Per the announcement, Nasdaq says the options will provide investors with a low-cost investing tool for exposure to ETH.
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