According to a report by “The Block”, the exchange Nasdaq and the world’s largest asset management company BlackRock are planning to list and trade options for their Ether spot-traded exchange-traded fund (ETF).
In a document filed to the U.S. Securities and Exchange Commission (SEC) website on Tuesday, BlackRock and Nasdaq proposed a rule change to allow the listing and trading of options for the iShares Ether Trust Fund (stock code: ETHA). The document stated:
BlackRock’s Ether spot ETF, along with 8 other ETFs, was approved in May and began trading on July 23.
The comment period for this proposal is 21 days. Bloomberg Intelligence analyst James Seyffart wrote that the SEC’s final decision on the proposal may be made in early April 2025.
Nate Geraci, President of investment advisory firm The ETF Store, commented earlier today that Bitcoin and Ether spot ETFs still face significant regulatory barriers, such as the lack of in-kind creation/redemption mechanism, the absence of options trading, and the inability of Ether spot ETFs to participate in staking. However, these products are still challenging and breaking records in the ETF industry, which should indicate the demand from investors.
