{"id":124936,"date":"2025-03-12T20:16:07","date_gmt":"2025-03-12T20:16:07","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=124936"},"modified":"2025-03-12T20:16:07","modified_gmt":"2025-03-12T20:16:07","slug":"sec-postpones-ruling-on-fidelity-ether-etf-options","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=124936","title":{"rendered":"SEC postpones ruling on Fidelity Ether ETF options"},"content":{"rendered":"<p>Source: Cointelegraph.com NewsThe US Securities and Exchange Commission has postponed ruling on whether or not to permit Cboe BZX Exchange to list options tied to asset manager Fidelity\u2019s Ether (ETH) exchange-traded fund (ETFs).\u00a0<br \/>\nThe agency has given itself until May 14 to approve or disapprove of Cboe BZX\u2019s request to list options tied to Fidelity Ethereum Fund (FETH), according to a March 12 SEC filing.\u00a0<br \/>\nCboe BZX initially requested to list options on Fidelity\u2019s Ether ETFs in January, the filing said.\u00a0<br \/>\nListing options on Ether funds is an important step in attracting institutional capital to the cryptocurrency.<br \/>\nEther ETFs by net assets. Source: VettaFiRelated: SEC acknowledges slew of crypto ETF filings as reviews, approvals accelerate<br \/>\nFlurry of filings<br \/>\nIn February, the SEC acknowledged more than a dozen exchange filings related to cryptocurrency ETFs, according to records.<br \/>\nThe SEC\u2019s acknowledgments highlight how the agency has softened its stance on crypto since US President Donald Trump started his second term on Jan. 20.<br \/>\nOn March 11, Cboe BZX asked regulators for permission to incorporate staking into Fidelity\u2019s Ether ETF. Staking is not yet permitted by any publicly traded US Ether fund.\u00a0<br \/>\nStaking Ether enhances returns and involves posting ETH as collateral with a validator in exchange for rewards.<br \/>\nFidelity\u2019s FETH is among the more popular Ether ETFs, with around $780 million in net assets as of March 12, according to data from VettaFi.\u00a0<br \/>\nIn February, the SEC delayed deciding on similar rule changes proposed by Nasdaq ISE and Cboe\u2019s affiliate, Cboe Exchange \u2014 both US-based securities exchanges.\u00a0<br \/>\nThe agency intends to decide by April if Nasdaq can list options tied to BlackRock\u2019s iShares Ethereum Trust (ETHA).\u00a0<br \/>\nBlackRock\u2019s fund is the largest ETH ETF, with more than $3.7 billion in net assets, VettaFi\u2019s data shows.<br \/>\nIt will rule on Cboe Exchange\u2019s bid to list options on Fidelity\u2019s Ether fund in May.\u00a0<br \/>\nSpot Ether ETFs were listed in July 2024 and have proceeded to attract nearly $7 billion in net assets, according to VettaFi\u2019s data.\u00a0<br \/>\nOptions are contracts granting the right to buy or sell \u2014 \u201ccall\u201d or \u201cput,\u201d in trader parlance \u2014 an underlying asset at a certain price.<br \/>\nMagazine: MegaETH launch could save Ethereum\u2026 but at what cost?<a href=\"https:\/\/cointelegraph.com\/news\/sec-delays-decision-on-fidelity-eth-etf-options?utm_source=rss_feed&amp;utm_medium=rss&amp;utm_campaign=rss_partner_inbound\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: Cointelegraph.com NewsThe US Securities and Exchange Commission has postponed ruling on whether or not to permit Cboe BZX Exchange to list options tied to asset manager Fidelity\u2019s Ether (ETH)&hellip; <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/124936"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=124936"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/124936\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=124936"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=124936"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=124936"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}