SEC seeks public feedback on approving options trading for Grayscale, Bitwise Ethereum ETFs The U.S. Securities and Exchange Commission is asking the public to weigh in on whether the agency should approve options trading on a trio of spot Ethereum exchange-traded funds. The SEC asked for those comments on whether to allow the Cboe Exchange, Inc. to list and trade options on the Grayscale Ethereum Trust ETF, the Grayscale Ethereum Mini Trust ETF and the Bitwise Ethereum ETF, according to a regulatory filing posted on Tuesday. Comments are due in 21 days after being published in the Federal Register. Next, the SEC could decide to approve, disapprove or "institute proceedings." The agency has not yet approved options trading on spot Ethereum ETFs. Several spot Ethereum ETFs were approved in May 2024 by the SEC, and firms have since been vying for options trading to be allowed. The SEC also greenlit spot bitcoin ETFs over a year ago and later allowed options trading for those products later in 2024.
