The US Securities and Exchange Commission (SEC) has postponed its ruling on allowing options trading for Ethereum (ETH) exchange-traded funds (ETFs) on the New York Stock Exchange (NYSE). The delay, as per a Nov. 8 filing, is due to the need for further review and assessment of market impacts. The decision pertains to Bitwise’s ETHW, Grayscale’s ETHE, Ethereum Mini Trust, and BlackRock’s ETHA. Interested parties have 21 days to submit arguments on the approval or disapproval of options for Ethereum ETFs. The Options Clearing Corporation (OCC) and the Commodity Futures Trading Commission (CFTC) would also need to approve options trading. Options contracts, like futures contracts, are used by institutional investors to hedge positions in the spot market. The addition of options could potentially boost liquidity and cash flow for Ethereum ETFs, which currently have negative net flows. Analysts predict significant price increases for Bitcoin and Ethereum by 2025, while regulatory advancements in the crypto industry are anticipated with caution. Read more AI-generated news on: https://app.chaingpt.org/news

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