Catenaa, Friday, April 11, 2025-The US Securities and Exchange Commission (SEC) on Wednesday approved options trading for spot Ethereum exchange-traded funds, marking a significant expansion of investor tools in the cryptocurrency market.
The SEC gave accelerated approval to Nasdaq ISE’s request to list options on the iShares Ethereum Trust. It also cleared NYSE American’s proposals to offer options on the Bitwise Ethereum ETF, the Grayscale Ethereum Trust, and the Grayscale Ethereum Mini Trust.
The approval follows the agency’s greenlighting of eight spot Ethereum ETFs nearly a year ago, which began trading in the suSEC approves options trading for spot Ethereum ETFs, boosting market tools and sparking ETH rebound to $1,650 amid rising investor interest.mmer of 2024. Wednesday’s decision echoes a similar move made in late 2024 when the SEC allowed options on spot bitcoin ETFs.
In a filing, the SEC said the proposals met the criteria of the Securities Exchange Act, including the promotion of fair and orderly markets.
ETF industry experts hailed the move as a step toward broader product diversity.
Ethereum’s price, which had dipped to $1,400 earlier this week, rebounded to $1,650 after the announcement.
Meanwhile, several asset managers are pushing for staking features in their Ethereum ETFs, a move that could allow investors to earn returns on held ETH. Bloomberg analyst James Seyffart said early approvals are possible, with key deadlines looming in May, August and October.
