SEC delays decision on NYSE application for ETH ETFs options

Date:

  • The SEC delayed its verdict on the NYSE’s proposal for options trading on Ethereum ETFs.
  • The delay is due to the SEC examining whether the NYSE’s proposal meets Exchange Act requirements.
  • BlackRock’s iShares Bitcoin Trust recorded $1.1 billion in the largest-ever BTC ETF inflow.

In a filing on Friday, the Securities & Exchange Commission (SEC) noted that it had delayed its decision on the New York Stock Exchange (NYSE) proposal to list and trade options on Ethereum exchange-traded funds (ETFs).

ETH ETF options approval face delay from SEC, BlackRock ETFs hit new records

The SEC announced it would delay its decision regarding the NYSE proposal to list options on various Ethereum ETFs on its exchange. According to the filing, the delay allows the SEC to examine the proposal further and ensure compliance with regulatory standards and investor protections.

This includes the proposal’s ability to prevent…

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