US SEC approved Ethereum spot ETF option trading, involving institutional products such as BlackRock, Bitwise and Grayscale

PANews reported on April 10 that according to The Block, the U.S. Securities and Exchange Commission (SEC) has approved options trading for spot Ethereum ETFs. In a "accelerated approval" filing file filed on Wednesday, the SEC said it had approved Nasdaq ISE, LLC's application for BlackRock's iShares Ethereum Trust Options trading. The agency also approved NYSE American LLC's proposal for options trading on Bitwise Ethereum ETF, Grayscale Ethereum Trust and Grayscale Ethereum Mini Trust.

Bloomberg Intelligence ETF analyst James Seyffart posted on the X platform that it was expected that the SEC approved the spot Ethereum ETF. Nate Geraci, president of ETF Store, said that the issuer is expected to launch a series of new products, including a call option strategy Ethereum ETF, a buffered Ethereum ETF, etc.