SEC Approves BlackRock, Grayscale, and Bitwise’s options exchanging of Ethereum ETFs

Option trading on Ethereum exchange-traded money has been approved by the U.S. Securities and Exchange Commission.

The regulator approved the trading options for Grayscale’s Ethereum Trust, Bitwise Ethereum ETF, and BlackRock’s barclays Ethereum Trust, according to files on Wednesday.

The Ethereum ETFs make it possible for investors to become aware of online assets without having to purchase or shop the actual digital currency. Options grant investors the authority to purchase or sell an asset at a predetermined value by a specified time.

Crypto choices are common because they make it easier for buyers to see how an property performs rather than just invest in it. The market for placing bets on the future value of a modern gold is much larger than the spot market. According to experts, trading in ETFs provides more cash for crypto investment opportunities.

Ethereum ETFs were approved by the regulation next year, just a few months after their Bitcoin counterparts received approval. Option trading on the Bitcoin resources was also approved by the SEC.

The ability to engage in cryptocurrency in an easy and controlled manner is provided by top hedge funds, such as BlackRock, Fidelity, and Grayscale, through cryptocurrency ETFs, which are operated by such companies as BlackRock, Fidelity, and Grayscale.

Ethereum money haven’t drawn the same kind of requirement as Bitcoin money, which has pushed the price of the biggest crypto by market cap to new highs.

Major asset managers are now attempting to record other ETFs that give investors publicity to cryptocurrencies like Solana, XRP, and Dogecoin.

Ethereum is currently trading for$ 1, 675 per gold, according to CoinGecko files, after rising by more than 14 % in the last 24 hours. It is one of the biggest beneficiaries of the day as a result of President Trump’s choice to put a stop to “reciprocal” trade tariffs on most countries.

edited by Andrew Hayward