The SEC has approved options trading on spot Ethereum ETFs, according to a new filing from the commission on Wednesday. “The Commission is publishing this notice to solicit comments on Amendment No. 1 from interested persons and is approving the proposed rule change, as modified by Amendment No. 1, on an accelerated basis.
JUST IN: 🇺🇸 SEC approves options trading on spot Ethereum ETFs.
— Watcher.Guru (@WatcherGuru) April 9, 2025
“Options on the Trust will be physically settled with American-style exercise and will be subject to the Exchange’s initial and continued listing standards. 13 The Exchange’s initial listing standards require, among other things, that the security underlying a listed option be “characterized by a substantial number of outstanding shares that are widely held and actively traded.”
The arrival of Ethereum ETFs was met with praise from the crypto community last year. Now in 2025, several institutions housing these funds have also applied for licensing for spot trading. The approval of spot ETH ETFs sent the cryptocurrency skyrocketing. In the last 24 hours, ETH is already up 12%.
Also Read: Ethereum: How High Will ETH Surge In April 2025?
The SEC’s approval aligns with some of the recent permissions for crypto investment products. This includes Nasdaq and Cboe BZX’s listing of Hashdex and Franklin Templeton ETFs. Bitwise’s strategic expansion includes applications for various crypto ETFs like the Bitcoin-Ethereum ETF. This demonstrates growing institutional interest.
With around $112 billion in ETH assets, US Ethereum ETFs have proven their value. Moreover, Fidelity is the latest in a line of those issuers seeking to enable staking for ETH ETFs.