Grayscale, Bitwise and NYSE propose to allow options trading on spot Ethereum ETFs
Crypto 7x24
2024-08-08 08:22:10
2.27W
Grayscale and Bitwise, in conjunction with the New York Stock Exchange, filed a proposed rule change with the U.S. Securities and Exchange Commission (SEC), proposing to allow trading in options on the Bitwise Ethereum ETF, the Grayscale Ethereum Trust, and the Grayscale Ethereum Mini Trust.。The document states that these options will provide investors with an additional, relatively low-cost investment vehicle, while acting as a hedging tool to meet investor demand for Ethereum products and positions.。Public comment on the proposal is due in 21 days。Several companies are also seeking permission to trade spot Bitcoin ETF options, but have not yet received approval.。
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