US SEC Delays Decision On Ethereum ETF Options Trading
The US Securities and Exchange Commission (SEC) has again delayed its decision on the New York Stock Exchange's (NYSC) proposed rule change to offer options trading.
The United States Securities and Exchange Commission (SEC) has once again delayed its decision on the New York Stock Exchange’s (NYSE) proposed rule change to offer options trading.
This move comes despite the fact that the SEC has already approved options trading for the Bitcoin exchange-traded funds (ETFs).
In its latest release, the SEC indicated that it would need more time to consider the NYSE’s proposed rule change to list and trade options on the Ethereum ETFs on the exchange.
The regulator also called for written comments from the public on whether they should approve the proposed rule change.
The SEC had in September delayed its decision on the rule change and extended the deadline till November 11. Following their latest decision, the Commission will have until sometime in December to determine whether or not they want to approve NYSE options trading for these Ethereum ETFs.
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