The Bag and Securities Commission (SEC) gave the green light for the options of options linked to funds quoted in the stock market (ETF) of Ether (eth).
On Wednesday, the regulator approved a presentation of Nasdaq Ise, presented last July, which requested to list options in the Blackrock’s Ishares Ethereum Trust (ETHA). The options are a popular commercial vehicle to take advantage of the risk of coverage and are especially attractive to institutional investors who seek to control large amounts of shares.
The commission had until today to make a decision. James Seyffart, Bloomberg Intelligence ETF analyst, said the approval was “100% expected.”
The options are specifically applied to ETHA, which means that Blackrock’s product is the only ETF of Ether Spot in which the options can be negotiated.
Other funds are listed in Arca and CBOE of the New York Stock Exchange.
