The post SEC Delays Decision on BlackRock’s Spot Ethereum ETF Options Until April appeared on BitcoinEthereumNews.com.

The U.S. Securities and Exchange Commission (SEC) has hit the pause button on BlackRock’s plan to list and trade options on its spot Ethereum exchange-traded fund (ETF). Instead of a quick decision, the agency has pushed the deadline to April 9, 2025. This delay raises questions – Is the SEC taking a cautious approach, or is there more happening behind the scenes? With Ethereum ETFs already trading and investor interest surging, why is options trading facing challenges? The market is left wondering what comes next. SEC Needs More Time to Review According to the filing, the SEC will decide by April 9, 2025, whether to approve or reject options trading for BlackRock’s iShares Ethereum Trust. The agency said it needs extra time to fully review the proposal and consider any concerns before making a final decision. “The Commission finds it appropriate to designate a longer period within which to issue an order approving or disapproving the proposed rule change so that it has sufficient time to consider the proposed rule change and the issues raised therein,” the agency said. Why Did the SEC Delay? Bloomberg’s senior ETF analyst, Eric Balchunas, suggested the delay might be linked to the pending confirmation of Paul S. Atkins. Meanwhile, the CBOE has submitted a 19b-4 rule change proposal to the SEC to allow in-kind creations and redemptions for Fidelity’s Bitcoin and Ethereum ETFs. SEC punting on spot Ether ETF options. I wouldn’t read too much into it, can’t imagine they don’t get approved eventually, likely waiting until Atkins is confirmed before moving on stuff. pic.twitter.com/7VJAx6tNLf — Eric Balchunas (@EricBalchunas) February 7, 2025 Surging Interest in ETF Options BlackRock’s spot Ethereum ETF was approved in May and started trading in the summer. In August, Nasdaq, on behalf of BlackRock, proposed a rule change to enable…

---

Filed under: News - @ February 8, 2025 10:19 am