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SEC Delays Ethereum Options Ruling Until 2025

Coin WorldFriday, Feb 7, 2025 2:56 pm ET

1min read

BCLO -- ETH -0.76%

The U.S. Securities and Exchange Commission (SEC) has extended its review period for a decision on whether to allow options trading on BlackRock's iShares Ethereum Trust. The agency announced that it will determine by April 9, 2025, whether to approve or deny the proposal, providing additional time to evaluate the rule change requested by Nasdaq on behalf of BlackRock.

The SEC stated in a filing that extending the review period was necessary to properly assess the proposal and related issues. The agency wrote, "The Commission finds it appropriate to designate a longer period within which to issue an order approving or disapproving the proposed rule change so that it has sufficient time to consider the proposed rule change and the issues raised therein."

BlackRock's spot Ethereum ETF was among nine Ethereum exchange-traded funds approved in May 2024. Following the approval, Nasdaq filed a request in August 2024 seeking permission to list and trade options on the iShares Ethereum Trust. The proposal is now under extended review.

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whatclimatecrisis

02/07

Stacking $ETH while SEC stacks papers. 📈

khasan14

02/07

More time = more analysis. Gotta love due diligence.

Comfortable_Corner80

02/07

@khasan14 More time = more hype.

ButterscotchNo2791

02/07

Nasdaq hustling for BlackRock. Respect the grind.

No_Price_1010

02/07

Options on $ETH ETF? Let's not get ahead of ourselves.

SHIT_ON_MY_BALLS

02/07

SEC playing it safe with the Ethereum options delay. Gotta love the cautious approach in this wild crypto ride.

Ok-Swimmer-2634

02/07

ETF options delay. Patience is a virtue, folks.

Elibroftw

02/07

SEC playing chess while we trade checkers 🤔

Loud_Ad_6880

02/07

@Elibroftw SEC sipping lattes while we HODL 🍵🤔

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