SEC has approved options that shop at Spot Ethereum ETFS, according to a new application from the Commission on Wednesday. “The Commission publishes this message to request comments on amendment no. 1 from interested persons and approves the proposed rule change, amended by amendment no. 1, on a faster basis.
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– watcher.guru (@watcherguru) April 9, 2025
“Options on confidence will be physically decided with American style exercise and will be covered by the stock exchange’s initial and continued listing standards. 13 The stock market’s initial listing standards require, among other things, that the security that is the basis for a listed alternative” is characterized by a significant number of excellent shares that are generally contained and actively handled. “
Also read: Ethereum: How loud will ETH grow in April 2025?
Sec’s approval is in accordance with some of the latest Crypto Investment Products Permissions. This includes Nasdaq and CBOE BZX’s list of Hashex and Franklin Templeton ETFS. Bitwise’s strategic enlargement contains applications for various crypto-ETFs like Bitcoin-Ethereum ETF. This shows a growing institutional interest.
With approximately $ 112 billion in ETH assets, the US Ethereum ETFs have proven its value. In addition, Fidelity is the latest in a series of issuers who try to enable efforts for ETFs.