CoinInsight360.com logo CoinInsight360.com logo
A company that is changing the way the world mines bitcoin

WallStreet Forex Robot 3.0
CoinGape 2025-02-07 19:51:04

Just In: US SEC Extends Review for BlackRock Ethereum ETF Options Trading

The U.S. Securities and Exchange Commission (SEC) has postponed its decision on whether to allow options trading on BlackRock’s iShares Ethereum Trust. The agency announced that it will determine by April 9, 2025, whether to approve or deny the proposal. This delay provides the SEC with additional time to evaluate the rule change requested by Nasdaq on behalf of BlackRock. SEC Extends Review for BlackRock Ethereum ETF Options Trading The US SEC has stated in a filing that extending the review period on decision on whether to allow options trading on BlackRock’s iShares Ethereum Trust was necessary to properly assess the proposal and related issues. “The Commission finds it appropriate to designate a longer period within which to issue an order approving or disapproving the proposed rule change so that it has sufficient time to consider the proposed rule change and the issues raised therein,” the agency wrote. BlackRock’s spot Ethereum ETF was among nine Ethereum exchange-traded funds approved in May 2024. Following the approval, Nasdaq filed a request in August 2024 seeking permission to list and trade options on the iShares Ethereum Trust. The proposal is now under extended review. This Is A Developing News, Please Check Back For More The post Just In: US SEC Extends Review for BlackRock Ethereum ETF Options Trading appeared first on CoinGape .

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.