The U.S. Securities and Exchange Commission (SEC) has delayed its decision on approving options trading for BlackRock’s iShares Ethereum Trust ETF until April 9, 2025. The agency needs more time to evaluate the proposal, with the delay likely awaiting the confirmation of Paul S. Atkins. This comes after BlackRock's spot Bitcoin ETF received approval for options trading, which quickly became one of the most active ETF derivatives markets. The delay raises uncertainty for traders interested in Ethereum ETF options, although if approved, these options could help investors manage risk and attract institutional investors. However, concerns about market volatility and risks to retail investors persist, and there is an ongoing debate over cryptocurrency ETF options. The SEC also has another proposal to review from Cboe BZX on behalf of Fidelity regarding options trading for Fidelity's spot Ethereum ETF. The SEC's decisions on these matters will influence the future of cryptocurrency derivatives markets.



Other News from Today