Odaily Planet Daily News According to QCP Capital analysis, the U.S. Securities and Exchange Commission (SEC) approved the 19b-4 forms of eight spot ETH ETF issuers, including Blackrock and Fidelity, but trading could not begin until the S-1 form was approved. The market expected a big explosion this week, with option trading volume as high as 185. However, the price trend was indeed disappointing, causing the front-end volatility to fall below 60. Although trading in ETH spot ETFs is now only a matter of time, it may take some time. As investors took the opportunity to build more ETH long positions, the trading desk has been seeing continued demand for long ETH call options.