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SEC is again postponing a decision on options on spot ETH-ETF

SEC is again postponing a decision on options on spot ETH-ETF

US Securities and Exchange Commission (SEC) canceled comes to a decision on a proposal NYSE about listing Ethereum spot-based options-ETF.

The document mentions Bitwise Ethereum ETF, Grayscale Ethereum Trust and Grayscale Ethereum Mini Trust, as well as “any trust that owns ether.”

Executive planned decision on your application by Monday, November 11th. Related application in from the NYSE to the SEC back on August 7th.

The Commission dismissed the decision as requiring more detailed analysis and concerns about whether the proposed rule change complies with the requirements of the Securities Act and whether it creates additional risks for consumers. -investment and market stability.

The new date for consideration of the application has not been specified.

In October SEC permitted trading options on spot Bitcoin ETFs on the NYSE and CBOE.

Let us remind you that in January the Commission approved 11 requests to launch a currency trading exchange based on the first cryptocurrency. Trading similar instruments based on Ethereum began at the end of July.

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2024-11-09 16:03:00
#SEC #postponing #decision #options #spot #ETHETF

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