BlackRock, Nasdaq submit filing to introduce options for spot Ethereum ETFs

BlackRock and Nasdaq made a move today to add options to the asset manager’s spot Ethereum (ETH) exchange-traded fund (ETF) iShares Ethereum Trust (ETHA), according to a filing with the US Securities and Exchange Commission (SEC).
According to the filing:
“In particular, the Exchange believes that the proposal to list and trade options on the Trust will remove impediments to and perfect the mechanism of a free and open market and a national market system and, in general, protect investors because offering options on the Trust will provide investors with a greater opportunity to realize the benefits of utilizing options on an ETF based on spot ether, including cost efficiencies and increased hedging strategies.”
Additionally, Nasdaq mentioned that it already listed options on other commodity ETFs structured as trusts, mentioning BlackRock products as examples, such as the iShares COMEX Gold Trust and the iShares Silver Trust.
Bloomberg ETF analyst James Seyffart shared on X (forme

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