Ethereum

Spot

James

<ul class="wp-block-list">
 <li>The filing states that the agency’s ruling deadline has been extended from Oct 19 to Dec 3.</li>
 <li>Cboe requested permission to offer options in August in their filing with the SEC.</li>
</ul>
According to a filing made on October 11th, the US Securities and Exchange Commission (SEC) has once again delayed. Deciding on whether or not an exchange list options linked to spot Ethereum ETFs.
According to the filing, the <a href="http://sec.gov" target="_blank" rel="noopener noreferrer nofollow">SEC</a> has postponed deciding on a rule change proposal. That would allow Cboe Exchange to offer options linked to many popular spot ETH funds. The filing states that the agency’s ruling deadline has been extended from October 19 to December 3.
<h3 class="wp-block-heading" id="h-clearance-anticipated-by-year-s-end">Clearance Anticipated by Year’s End</h3>
The iShares Ethereum Trust ETF (ETF) by <a href="https://thenewscrypto.com/blackrock-surpasses-11-5-trillion-in-assets-amid-record-inflows/" target="_blank" rel="noopener noreferrer nofollow">BlackRock</a>, the Fidelity Ethereum Fund, the Grayscale Ethereum Trust, and the Grayscale Mini Ethereum Trust were among the nine ETFs that Cboe requested permission to offer options on in August in their filing with the SEC.
Moreover, a comparable rule change request by Nasdaq’s electronic exchange to offer options on iShares Ethereum Trust was postponed by the SEC in September. Option listings for BlackRock’s iShares Bitcoin Trust (IBIT), an exchange-traded fund (ETF) focused on <a href="http://bitcoin.org" target="_blank" rel="noopener noreferrer nofollow">bitcoin</a>, were greenlit by the SEC on September 20.
Prior to their listing, the Bitcoin options are awaiting final approvals from the <a href="https://www.cftc.gov/" target="_blank" rel="noopener noreferrer nofollow">CFTC</a> and the Options Clearing Corporation. US options on Bitcoin exchange-traded funds (ETFs) are expected to debut in the first quarter of 2025. This is according to Bloomberg Intelligence analyst James Seyffart. The analyst predicts that options might be available by year’s end, with Q1 2025 being the most probable window.
Options are agreements that provide the right to purchase or sell, or “call” or “put” as it is called in the trading world, an underlying asset at a predetermined price. The US OCC steps in to resolve trade disputes when one side does not comply with the agreement.
Highlighted Crypto News Today:
<a href="https://thenewscrypto.com/scrolls-binance-listing-sparks-decentralization-debate-in-crypto-community/" target="_blank" rel="noopener noreferrer nofollow">Scroll’s Binance Listing Sparks Decentralization Debate in Crypto Community</a>

US SEC Delays Decision on Options Linked to Spot Ether ETFs

Table of Contents

TheNewsCrypto

Other articles published on Oct 13, 2024

Top 3 XRP Competitors Poised to Make Big Moves in October – Possible Gains of Up to 5000%

XRP Price Prediction for October 13

Qubetics Presale Offers 1800% ROI as Phase 3 Wraps Up While SEI Faces Decline and Mallconomy Gear...

From $200 to a Luxury Yacht: These 3 Altcoins Are the Ticket to 2024’s Greatest Crypto Millionair...

Is It Too Late to Buy RETARDIO? Retardio Price Surges 38% And This Might Be The Next Crypto To Ex...

Bitcoin (BTC) Price Prediction for October 13

Join our free newsletter for daily crypto updates!