Orhan 
The U.S. Securities and Exchange Commission (SEC) has once again delayed its decision regarding the trading of options related to spot Ether (ETH) on exchanges.
The SEC’s postponement of the Cboe Exchange’s proposal to list options based on spot Ether ETFs from October 19 to December 3 has created significant uncertainty in the crypto market.
What Do Options for Spot Ether ETFs Mean?
In August, Cboe applied to the SEC for approval to list options based on popular spot Ether (ETH) ETFs such as BlackRock iShares Ethereum Trust, Fidelity Ethereum Fund, and Grayscale Ethereum Trust. These applications promise to offer new trading opportunities to investors and facilitate the wider acceptance of crypto assets on U.S. exchanges.
The SEC’s decision to delay this ruling parallels a similar move made last month in response to Nasdaq’s application to list options based on BlackRock’s Bitcoin ETF.
A Bloomberg Intelligence analyst noted that “Bitcoin options could be in the market by the end of the year, but a more likely scenario is the first quarter of 2025.”
Also, in the comment section, you can freely share your comments and opinions about the topic. Additionally, don’t forget to follow us on Telegram, YouTube and Twitter for the latest news and updates.