#StaySAFU
The U.S. Securities and Exchange Commission (SEC) has approved the trading of options on spot Ethereum ETFs. This pertains to funds from companies BlackRock (ETHA), Grayscale Investments (ETHE and ETH), Bitwise Asset Management, and Fidelity Investments (FETH).
In particular, the Nasdaq stock exchange received approval after reviewing documents submitted by BlackRock back in July 2024. The SEC indicated that options would provide investors with additional risk management opportunities and simplify access to Ethereum without the need for direct asset purchase.
