{"id":17279,"date":"2024-09-25T18:33:31","date_gmt":"2024-09-25T15:33:31","guid":{"rendered":"https:\/\/forklog.com\/en\/sec-delays-decision-on-spot-eth-etf-options\/"},"modified":"2024-09-25T18:33:31","modified_gmt":"2024-09-25T15:33:31","slug":"sec-delays-decision-on-spot-eth-etf-options","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/sec-delays-decision-on-spot-eth-etf-options\/","title":{"rendered":"SEC Delays Decision on Spot ETH-ETF Options"},"content":{"rendered":"

The U.S. Securities and Exchange Commission (SEC) has postponed<\/a> its decision on Nasdaq’s proposal to list options based on spot Ethereum-ETFs from BlackRock and Bitwise.<\/p>\n

The agency extended the review period until November 10.<\/p>\n

\n

\u201cThe Commission finds it appropriate to designate a longer period within which to take action on the proposed rule change so that it has sufficient time to consider the application,\u201d the statement said.<\/p>\n<\/blockquote>\n

The regulator has taken<\/a> a similar step regarding the proposal<\/a> by the New York Stock Exchange to open trading of options on Ethereum funds from Bitwise and Grayscale. The SEC will revisit this matter by November 11.<\/p>\n

Meanwhile, on September 21, the Commission expedited a positive decision regarding the listing of options on a spot Bitcoin-ETF managed by BlackRock.<\/p>\n

However, Bloomberg analyst Eric Balchunas noted that SEC approval is merely the initial stage for products entering the exchange. Further approval from other agencies such as the OCC<\/span> and the CFTC<\/span> will be required.<\/p>\n

In January, the SEC approved<\/a> 11 applications for the launch of spot Bitcoin exchange-traded funds. Trading of similar instruments based on Ethereum began<\/a> in late July.<\/p>\n","protected":false},"excerpt":{"rendered":"

The U.S. Securities and Exchange Commission (SEC) has postponed its decision on Nasdaq’s proposal to list options based on spot Ethereum-ETFs from BlackRock and Bitwise. The agency extended the review period until November 10. \u201cThe Commission finds it appropriate to designate a longer period within which to take action on the proposed rule change so […]<\/p>\n","protected":false},"author":1,"featured_media":17278,"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":[949,865,1168,569,943],"class_list":["post-17279","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitwise","tag-blackrock","tag-crypto-derivatives","tag-etf","tag-grayscale-investments"],"aioseo_notices":[],"amp_enabled":true,"views":"15","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/17279","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=17279"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/17279\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/17278"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=17279"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=17279"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=17279"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}