PANews reported on August 7 that according to The Block, Nasdaq and BlackRock plan to launch options based on Ethereum spot ETFs. In a document published on the website of the U.S. Securities and Exchange Commission (SEC) on Tuesday, BlackRock and Nasdaq proposed rule changes for listing and trading iShares Ethereum Trust (ETHA) options. The document stated: "The exchange believes that providing this option will benefit investors because it provides investors with a relatively low-cost investment tool to help them gain exposure to spot Ethereum, while also providing them with a hedging tool to meet their investment needs for Ethereum products and positions." Comments on the proposal will be submitted within 21 days. Bloomberg analyst James Seyffart tweeted that the SEC may make a final decision on the proposal in early April 2025. According to previous news, nine Ethereum spot ETFs, including BlackRock, were approved in May this year and began trading last month.
