The U.S. Securities and Exchange Commission (SEC) has officially approved options trading for ether (ETH) exchange-traded funds (ETFs) linked to BlackRock’s iShares Ethereum Trust (ETHA). The approval comes after Nasdaq ISE filed for this product last July, which was anticipated by market analysts.

Key Points

• The SEC had initially delayed its decision back in February but now allows options trading on BlackRock’s ETHA ETF.
• According to James Seyffart, an ETF analyst at Bloomberg Intelligence, the approval was largely expected, describing it as ‘100% expected.’
  翻訳: アナリストのジェームズ・ゼイファートは、承認は「100％予想通り」だったと述べました。

This enables greater flexibility for investors, especially institutional ones, in managing their investment strategies. Notably, the options are specific to BlackRock’s ETF, making it unique among ether ETFs trading on various exchanges, including those listed on Cboe and the New York Stock Exchange.