{"id":15949,"date":"2024-08-08T18:35:18","date_gmt":"2024-08-08T15:35:18","guid":{"rendered":"https:\/\/forklog.com\/en\/nyse-plans-to-launch-options-on-ethereum-etfs\/"},"modified":"2024-08-08T18:35:18","modified_gmt":"2024-08-08T15:35:18","slug":"nyse-plans-to-launch-options-on-ethereum-etfs","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/nyse-plans-to-launch-options-on-ethereum-etfs\/","title":{"rendered":"NYSE Plans to Launch Options on Ethereum ETFs"},"content":{"rendered":"<p>The New York Stock Exchange (NYSE) has approached the <span data-descr=\"U.S. Securities and Exchange Commission\" class=\"old_tooltip\">SEC<\/span> with a <a href=\"https:\/\/www.sec.gov\/files\/rules\/sro\/nyseamer\/2024\/34-100666.pdf\">proposal<\/a> to amend rules, enabling it to list and offer trading of options based on spot Ethereum ETFs from Bitwise and Grayscale.<\/p>\n<p><!--more--><\/p>\n<p>The document mentions: Bitwise Ethereum ETF, Grayscale Ethereum Trust, and Grayscale Ethereum Mini Trust, as well as &#8220;any trust holding ether.&#8221;<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/123-30.webp\" alt=\"123-30\" class=\"wp-image-238570\"\/><figcaption class=\"wp-element-caption\">Source: SEC website.<\/figcaption><\/figure>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>\n<cite>&#8220;The exchange believes that offering options on <span data-descr=\"exchange-traded products\" class=\"old_tooltip\">ETP<\/span> based on Ethereum, including Bitwise Ethereum ETF, Grayscale Ethereum Trust (ETH), and Grayscale Ethereum Trust Mini, will benefit investors by providing them with a relatively cheaper investment tool,&#8221; the application states.<\/cite><\/p><\/blockquote>\n<p>Comments on the proposal must be submitted within 21 days. <\/p>\n<p>In light of the recent cryptocurrency correction, market participants have increased positions in ETFs based on the second-largest cryptocurrency by market capitalization. <\/p>\n<p>The debut of these new instruments for the American market took place at the end of July.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The New York Stock Exchange (NYSE) has approached the SEC with a proposal to amend rules, enabling it to list and offer trading of options based on spot Ethereum ETFs from Bitwise and Grayscale.<\/p>\n","protected":false},"author":1,"featured_media":15948,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[949,1168,569,46,943],"class_list":["post-15949","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitwise","tag-crypto-derivatives","tag-etf","tag-ethereum","tag-grayscale-investments"],"aioseo_notices":[],"amp_enabled":true,"views":"19","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/15949","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=15949"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/15949\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/15948"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=15949"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=15949"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=15949"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}