The US Securities and Exchange Commission has postponed the decision whether or not the CBOE BZX exchange is permitted to list the options tied to the Fidelity Manager (Eth) funds exchanged by the exchange (ETF).
The agency gave itself until May 14 to approve or disagree with the CBOE BZX request to list the options tied to the Fidelity Ethereum Fund (Feth), According to on a March 12 Seg filing.
The CBOE BZX initially asked to list Fidelity ETFs options in January, the filing said.
List options in ether funds are an important step in attracting institutional capital to cryptocurrency.
Ether ETF by net assets. Source: Water
Related: SEC recognizes killing of Crypto ETF films as reviews, speed up approval
Furry of filings
In February, the SEC Identified more than a dozen exchange filings Related to Cryptocurrency ETFs, according to records.
SEC recognitions have featured how the agency softened its stance in crypto since US President Donald Trump began his second term on January 20.
On March 11, the CBOE BZX asked regulators for permission to include staking In ether of fidelity etf. Staking has not yet been permitted by any public exchanged in the US Ether Fund.
The staking ether improves the return and involves posting ETH as collateral with a validator in exchange for rewards.
Fidelity’s Feth is among the more popular ETFs, with about $ 780 million in net assets until March 12, according to data from Vettafi.
In February, the SEC Decision was delayed With similar changes to the rule suggested by the NASDAQ ISE and CBEE associated, CBOE exchange-both exchanges of US-based securities.
The agency aims to decide in April if Nasdaq can list options Tied to Blackrock’s ishares Ethereum Trust (ETHA).
Blackrock fund is the largest ETH ETF, with over $ 3.7 billion in net assets, Vettafi data.
It will lead the CBOE Exchange bid to list Fidelity’s Ether Fund options in May.
The ETFs of the Ether spot were listed in July 2024 and continued to attract nearly $ 7 billion in net assets, according to Vettafi’s data.
Options are contracts that give the right to buy or sell – “call” or “put,” in the trader parlance – an underlying owner at a certain price.
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