**Nasdaq Eyes Ethereum Options Trading!**
- Nasdaq's options exchange has asked U.S. regulators to allow options trading on spot Ethereum ETFs. 🤑
- The proposed rule change targets Blackrock’s iShares Ethereum Trust (ETHA), the only Ether ETF on Nasdaq.
- ETH ETFs, listed in July, have already attracted $1.5 billion in net inflows, with ETHA alone pulling in $500 million.
- The SEC has yet to greenlight options trading on spot Bitcoin ETFs, despite their $50 billion market.
- Options are popular for hedging against market swings, like Ether’s 28% drop on Aug. 5.
- Financial advisers, who control half of the $9 trillion ETF market, are increasingly using options.