The Securities and Exchange Commission (SEC) gave a green light for trading options tied to the Ether (ETH) exchanged funds (ETF).
On Wednesday, the regulator Approved A filing from the Nasdaq ISE, filed last July, requested to list the contracts of Blackrock’s Ishares Ethereum Trust (ETHA) options. Options are a popular trading vehicle in the fence and risk of the fence and especially attractive -attracting institution investors seeking to control large amounts of shares.
The commission has to this day to make a decision. James Seyffart, ETF analyst at Bloomberg Intelligence, Says Approval is “100% expected.”
The options are specifically applied to ETHA, which means Blackrock product is the only ETF area that can be exchanged with options.
Other funds are listed in the ARCA and CBOE of the New York Stock Exchange.
