NYSE American proposes listing options for Ether ETFs managed by Grayscale and Bitwise, aiming to offer investors cost-effective Ether exposure and hedging tools.
Points
- NYSE American proposes options trading for Ether ETFs by Grayscale and Bitwise.
- SEC approval pending, with a decision expected within 21 days.
- Aims to provide cost-effective Ether exposure and hedging tools for investors.
- Follows a similar proposal by Nasdaq for BlackRock’s Ethereum Trust.
NYSE American has proposed listing options for Ether exchange-traded funds （ETFs） managed by Grayscale and Bitwise, pending approval from the Securities and Exchange Commission （SEC）. This move is intended to provide investors with cost-effective Ether exposure and hedging tools, enhancing the investment landscape for digital assets.
The proposal comes on the heels of a similar request by Nasdaq to allow options trading on the BlackRock iShares Ethereum Trust （ETHA）. Both exchanges are currently awaiting SEC approval amid ongoing delays for options on spot Bitcoin ETFs.
NYSE American argues that the introduction of options trading for Ether ETFs would offer investors a versatile investment tool, allowing for more efficient portfolio management and risk mitigation. Comments on the proposal are expected within 21 days, reflecting the SEC’s timeline for decision-making.
解説
- NYSE American’s proposal to list options for Ether ETFs represents a significant development in the digital asset investment landscape.
- The introduction of options trading would provide investors with cost-effective exposure and hedging tools.
- The SEC’s approval process will be closely watched by industry participants and investors.
- This move aligns with the broader trend of integrating traditional financial instruments with cryptocurrency investments.