When the SEC Says ‘Hold Your Horses’, Ethereum ETFs Gallop On!

“When the SEC Says ‘Hold Your Horses’, Ethereum ETFs Gallop On!”

When the SEC Says ‘Hold Your Horses’, Ethereum ETFs Gallop On!

Oh, ho! 🤣 The good folks over at the SEC have declared they require a smidgen more time to ponder the great question of whether to permit the trading of options tied to Ether (ETH) exchange-traded funds (ETFs). 🕰️🤔 It seems that Uncle Sam’s regulators have decided to take their sweet time, as per a Feb. 7 regulatory filing. They’re not rushing into anything, mind you! 🐢…

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Bitcoin ETF options pave the way

Options on spot Bitcoin (BTC) ETFs started trading in November. On the first day of listing, options contracts on BlackRock’s iShares Bitcoin Trust ETF (IBIT) saw nearly $2 billion in total exposure. 🤑…

Investment managers anticipate the US expansion of cryptocurrency ETF options to speed up institutional adoption and possibly unlock “extraordinary upside” for coin holders. 🚀…

In September, the SEC gave the thumbs up to Nasdaq’s electronic securities exchange to list options on IBIT. 🙌 It was the first time the agency approved options on spot BTC ETFs for US trading. Then, in November, the Commodity Futures Trading Commission and the Options Clearing Corporation also gave the nod to BTC ETF options, clearing the last hurdle for exchanges to list the financial derivatives products. 🎉…

US President Donald Trump – who has vowed to transform the US into the “world’s crypto capital” – is appointing crypto-friendly leaders to head financial regulators. This has sparked hopes across the industry for swift approvals for proposed crypto financial products. 🎉…

Magazine: Trump’s crypto ventures raise conflict of interest, insider trading questions

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2025-02-07 22:59