The U.S. Securities and Exchange Commission (SEC) has delayed its decision on approving options for BlackRock's iShares Ethereum Trust ETF (ETHA). BlackRock and Nasdaq proposed allowing options trading for their spot Ethereum ETF in August 2021. The SEC now has until April 9 to decide on the approval of these options. Last September, the SEC approved options trading for BlackRock's spot Bitcoin ETF, which has seen significant success and growth. BlackRock's ETHA has experienced "massive adoption" and has become the top alternative for American traders. It has recorded $10.6 million in inflows and has $3.7 billion in total assets, outperforming competing products.



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