# 2025-04348: SEC Extends Review on Grayscale Ethereum Options Trading

2025-04348, Self-Regulatory Organizations; Cboe EDGX Exchange, Inc.; Notice of Designation of a Longer Period for Commission Action on a Proposed Rule Change, as Modified by Amendment No. 1, To List and Trade Options on the Grayscale Ethereum Trust ETF, the Grayscale Ethereum Mini Trust ETF, and the Bitwise Ethereum ETF, is a Federal Register notice from Securities and Exchange Commission published 2025-03-18, effective The Commission designated May 27, 2025 as the date by which it shall either approve or disapprove, or institute proceedings to determine whether to disapprove, the proposed rule change (File No. SR-CboeEDGX-2025-008). (as of 2026-06-08).

- Canonical: https://policyrisk.com/federal-register/2025-04348
- As of: 2026-06-08
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Document number: 2025-04348
- Title: Self-Regulatory Organizations; Cboe EDGX Exchange, Inc.; Notice of Designation of a Longer Period for Commission Action on a Proposed Rule Change, as Modified by Amendment No. 1, To List and Trade Options on the Grayscale Ethereum Trust ETF, the Grayscale Ethereum Mini Trust ETF, and the Bitwise Ethereum ETF
- Type: Notice
- Agencies: Securities and Exchange Commission
- Citation: 90 FR 12607
- Published: 2025-03-18
- Effective: The Commission designated May 27, 2025 as the date by which it shall either approve or disapprove, or institute proceedings to determine whether to disapprove, the proposed rule change (File No. SR-CboeEDGX-2025-008).
- Comments close: not stated
- Significant: no
- Touches household money: no
- Regulation identifier numbers: none
- Last updated: 2026-06-08

## In one line

SEC Extends Review on Grayscale Ethereum Options Trading

## Summary

Cboe EDGX wants to start trading options on three Ethereum-related ETFs, but the SEC needs more time to decide. Instead of deciding by April 12, 2025, the SEC pushed the deadline to May 27, 2025, to carefully review the plan. This affects investors interested in new Ethereum options and could open fresh trading opportunities soon.

## Effects PRIA read

No economic effects identified for this document.

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## Sources
- [2025-04348 on federalregister.gov](https://www.federalregister.gov/documents/2025/03/18/2025-04348/self-regulatory-organizations-cboe-edgx-exchange-inc-notice-of-designation-of-a-longer-period-for)
- [2025-04348 as published (PDF)](https://www.govinfo.gov/content/pkg/FR-2025-03-18/pdf/2025-04348.pdf)

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Source: PRIA, https://policyrisk.com/federal-register/2025-04348 (as of 2026-06-08).