SEC Puts Ethereum Options on Hold: Crypto Traders Wait Longer
Published Date: 3/18/2025
Notice
Summary
The Cboe Exchange wants to start trading options on three Ethereum-related ETFs, including the Grayscale Ethereum Trust and Bitwise Ethereum ETF. The SEC is taking extra time to review this plan, pushing their decision deadline from April 10 to May 25, 2025. This affects investors interested in Ethereum options and could open new ways to trade crypto-linked funds.
Analyzed Economic Effects
1 provisions identified: 1 benefits, 0 costs, 0 mixed.
Proposed Options on Ethereum ETFs
On February 5, 2025, Cboe filed a proposed rule change to list and trade options on the Grayscale Ethereum Trust ETF, the Grayscale Ethereum Mini Trust ETF, and the Bitwise Ethereum ETF, and filed Amendment No. 1 on February 6, 2025. The SEC published the filing on February 24, 2025 and has set May 25, 2025 as the date by which it will approve, disapprove, or institute proceedings on the proposal; if approved, those options would be allowed to trade on the Exchange.
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Key Dates
Department and Agencies
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The Cboe BZX Exchange wants to start trading options on three Ethereum-related ETFs: Grayscale Ethereum Trust, Grayscale Ethereum Mini Trust, and Bitwise Ethereum ETF. The SEC is taking extra time to review this plan and will decide by May 27, 2025. This affects investors interested in Ethereum ETFs and could open new trading opportunities soon.