According to TechFlow, Nasdaq and BlackRock plan to launch options based on Ethereum spot ETFs.

BlackRock and Nasdaq proposed a rule change to list and trade iShares Ethereum Trust (ETHA) options, and the document stated that the exchange believes that offering the 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 could make a final decision on the proposal in early April 2025.